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Employment

Average salary in Israel credit: Shutterstock Rita Kapitulski Despite war average salary rose in October

In October 2023, after the outbreak of the war, the average salary in Israel was NIS 12,488, 5.9% higher than in October 2022, the Central Bureau of Statistics reports.

Businesses closed for the war credit: Cadya Levy Unemployment in Israel unchanged in October

While the October figures show no fall in unemployment, the full numbers presented by the Central Bureau of Statistics clearly indicate a cooling off in the job market, with many employees going on unpaid leave.

Holon employment bureau credit: Eyal Izhar Job vacancies fall 18% since start of war

Job vacancies in Israel fell 18% from 114,000 on October 15 to 93,000 on November 7, the Central Bureau of Statistics reports.

Google headquarters  credit: Benny Marty/Shutterstock Google pays expenses for Israel employees staying abroad

Google Israel employees are entitled to work abroad for up to 30 days at the company's expense.

Minister of Interior Moshe Arbel and Sri Lanka's Ambassador to Israel Nimal Bandaranaike  credit: Ministry of Interior Sri Lanka agrees to send 10,000 farm workers to Israel

Israel's Minister of Interior Moshe Arbel and Sri Lanka's Ambassador to Israel Nimal Bandaranaike have signed an agreement, which will allow Israel to immediately hire 10,000 Sri Lankan farm workers.

Stores closed down  credit: Noa Bucholtz 18% of Israel's workforce not in their regular jobs

The Ministry of Labor calculates that 764,000 Israelis are not in their jobs at the moment, less than the 28% of the workforce at the peak of the Covid pandemic.

Rocket interceptions over farm in Eshkol Regional Council  credit: Reuters Cabinet approves entry of 5,000 foreign farm workers

During the surprise attack on October 7 many of the Thai farm workers were murdered or taken hostage in Gaza, while others fled the country in the wake of the carnage.

Employment bureau credit: Eyal Izhar Unemployment in Israel falls to new low

Israel's unemployment rate fell to 3.1% in August 2023, the Central Bureau of Statistics reports - the lowest rate since the current method of measuring unemployment was introduced in 2012.

Salary slip Photo: Oria Tadmor Average salary in Israel rises 6%

In the tech sector, salaries jumped by even more in June 2023, the Central Bureau of Statistics reports.

Unemployment credit: Eyal Izhar Unemployment in Israel falls to pre-Covid low

The tight job market is weighing on the fight to tame inflation.

Rapid7 credit: Shutterstock Rapid7 lays off 20% of Israel workforce

The company has 165 employees in Israel, according to IVC.

Nvidia offices credit: Nvidia Nvidia rapidly expanding workforce in Israel

The recruitment drive comes in the wake of the May announcement that the company is developing a supercomputer in Israel.

Average salary in Israel credit: Shutterstock Rita Kapitulski Salaries rising faster than inflation in Israel

The average salary in Israel in June 2023 was NIS 13,295, 6.3% higher than in June 2022, the Central Bureau of Statistics reports.

Meta CEO Mark Zuckerberg credit: Screenshot Meta Israel cuts recruitment team from 90 to 3

As the tech giant streamlines with two large rounds of layoffs, Meta is focusing on firing rather than hiring.

Israeli Arab women  credit: Shutterstock Employment among Arab women, Haredi men rising sharply

In the second quarter of 2023, employment among Arab women reached 45%, up from 33% in 2014.

Vesttoo CEO Yariv Bertele  credit: PR, Meytal Vaizberg Vesttoo lays off 75% of employees following fraud

The Israeli fintech company has been forced to dismiss 150 of its 200 employees.

Arnon Bar-David and Treasury officials credit: Histadrut spokesperson Histadrut, Treasury sign public sector pay deal

Public sector workers in Israel will receive an 11% pay hike by the end of 2027.

Unemployment credit: Eyal Izhar Job market cools as unemployment stays low

Job vacancies are falling but unemployment remains very low, the Central Bureau of Statistics reports.

Cuts credit: Shutterstock Over 50% of tech cos in Israel report job cuts

52% of companies in Israel in the high-tech services sector cut their number of employees in the first half of 2023, the Central Bureau of Statistics reports.

Google HQ   credit: Paresh Dave, Reuters Google cuts jobs at Waze due to ads merger

Google has confirmed that jobs will be lost as its ads system is merged into Google Ads.

Selina founders Rafael Museri and Daniel Rudasevski credit: Inbal Marmari Selina to lay off 350 and close five hospitality properties

The company also reported that Global University Systems (GUS) is investing up to $50 million in Selina.

Payoneer credit: Primakov Shutterstock Fintech co Payoneer to lay off dozens

At the end of 2022, Payoneer had 2,336 employees in 36 countries, with the largest number, about 1,200, in Israel.

Average salary in Israel credit: Shutterstock Rita Kapitulski Average salary in Israel rises 5.1%

The average monthly salary of employees in Israel rose by 5.1% in April 2023 to NIS 12,669, compared with April 2022, the Central Bureau of Statistics reports.

Western Digital lays off 60 in Israel

This is the US computer drive and data storage company's second round of job cuts in Israel over the past six months.

Lemonade IPO  credit: Company Facebook page Lemonade to lay off 3% of employees

At the end of 2022, the Israeli digital insurance company had 1,367 employees including 300 in Israel.

Job bureau credit: Eyal Izhar Unemployment in Israel still falling

The very tight job market contributes to inflation and makes it all the more likely that the Bank of Israel will hike the interest rate next week.

Intel Haifa credit: Shutterstock Third round of layoffs at Intel will hit Israel

The new round of layoffs has the potential to affect the company's activities in Israel in the Client Computing and DCAI Groups.

Caesarstone to close Sdot Yam plant, 100 layoffs

The Israeli quartz countertop manufacturer said that the streamlining plan will make the company's organizational structure and global manufacturing operations more efficient while reducing expenditure.

Shabtai Adlersberg credit: Tamar Matsafi Audiocodes to lay off 10% of workforce

Between 77 and 97 employees of the Israeli advanced communications software company will be leaving.

salary slips Average salary in Israel jumps 7.9%

The average salary of employees in Israel rose by an exceptional 7.9% in March 2023 to NIS 13,658, the Central Bureau of Statistics reports.

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