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The Israeli paradox: a record number of job vacancies and an increase in the unemployment rate - Walla! Of money

2021-06-18T01:53:32.988Z


The Central Bureau of Statistics announces today that in May another record was set in the number of job vacancies in the economy, which reached 133,000 - the highest figure since the beginning of the survey in 2009


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The Israeli paradox: a record number of job vacancies and an increase in the unemployment rate

The Central Bureau of Statistics announces today that in May another record was recorded in the number of job vacancies in the economy, which reached 133,000 - the highest figure since the beginning of the survey in 2009. If this headline sounds familiar to you, it is because it was also published last month.

So how is it that unemployment is rising?

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  • unemployment

  • Vacancies

  • CBS

  • employment

Sonia Gorodisky

Tuesday, 15 June 2021, 13:03 Updated: 13:12

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Just like last month, the Central Bureau of Statistics announced today data available jobs in May, indicating that the recorded another record number of vacancies in the economy came to 133 thousand - the highest figure since the survey began in 2009.



The rate of job vacancies in hospitality and food, Hotels and restaurants, reached a high and exceptional value for the second month in a row and stands at about 17.3%.

This means that for every 100 employees in these industries, there are more than 17 jobs waiting to be filled.

As a result, many restaurants have been forced to reduce their operating hours, some open fewer days on captivity or a limited number of hours per day.

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Young people in a restaurant: Why work on recommendations if you can celebrate at the expense of the challah fee? (Photo: ShutterStock)

Demand for workers is rising, but so is unemployment

In second place in terms of the volume of vacancies is the sales industry (sales agents, sales representatives, sales assistants in stores and sellers in stalls and markets), in this industry there is a shortage of close to 13,000 employees.



The third and fourth places belong to the high-tech industry, which lacks about 12.5 thousand engineers and about 9.2 thousand software developers.



At the same time, yesterday the Central Bureau of Statistics published another figure, which indicates an increase in the unemployment rate, which stood at 9.9% in the second half, according to the broad calculation of the bureau.

These are artists with a slight increase compared to the first two weeks of May (9.6%), but it can be said that the downward trend in unemployment following the opening of the economy has been halted.



The final decision regarding the problematic sickness outline, which is responsible for the described Israeli paradox - a high unemployment rate along with a record number of job vacancies, has not yet been made.

The new finance minister: will he toughen the Knesset test to eliminate the paradox? (Photo: Ministry of Finance spokeswoman)

The plan of the Minister of Finance

Finance Minister Avigdor Lieberman announced last night that he intends to abolish the Knesset by the age of 45 in order to give him, "a boost for the whole economy." He also stated that except that he intends to exclude the tourism industry by the end of the year. .

At the moment, canceling the application until the age of 45 with all the pain is the right decision for the benefit of the economy. "



This is a toughening of the model for extending the application that former Finance Minister Israel Katz planned to transfer, according to which unemployment benefits .

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Source: walla

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