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The effect of returning to routine: The decline in unemployment continues - Walla! Of money

2021-11-01T12:26:47.386Z


The Central Bureau of Statistics today released employment data for the first half of October. There was a 0.6% drop in unemployment


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Return effect to routine: The decline in unemployment continues

The Central Bureau of Statistics today released employment data for the first half of October.

There was a 0.6% decrease in unemployment, probably as a result of the combination of the decline of the fourth wave and the return of the economy to routine.

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  • unemployment

  • employment

  • Job seekers

  • Corona

Sonia Gorodisky

Monday, 01 November 2021, 14:05 Updated: 14:20

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The Central Bureau of Statistics has released updated employment data for the first half of October.



This period saw two major events: the return to normal after the holidays, which this year is linked almost summer vacation, causing many who were unpaid leave to extend their vacations, even though it was not rewarded more by the state.



Also, a little later, declined fairly The fourth wave of the corona, which freed the economy from the atmosphere of anguish provoked by speculation about preventive measures and further restrictions due to the delta variant.



Now it turns out that this is also evident in the unemployment data, as published by the CBS.

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Returning from the holiday vacations and overcoming the Delta variant led to a decrease in the percentage of the unemployed (Photo: Flash 90, Yonatan Zindel)

Here are the main data from the first half of October 2021 (compared to the second half of September 2021, among those aged 15 and over):



Percentage of the unemployed in the labor force - 5.1%

(5.7% in the second half of September 2021).



Percentage of the labor force of the employed who were temporarily absent from work all week due to reasons related to the Corona + unemployed person - 5.6%

(6.5% in the second half of September 2021).



Percentage of the labor force of non-employed persons who stopped working due to dismissal or closure of the workplace from March 2020 + employed persons who are temporarily absent from work all week due to reasons related to the Corona virus + unemployed

- 7.1% (7.9% in the second half of September 2021).



Employment rate excluding temporarily absent from work all week for corona-related reasons - 60.6%

(59.4% in the second half of September 2021).



Decrease in numbers: 23,000, from 240.4 thousand unemployed in the second half of September, to 217.4 thousand in the first half of October.

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Source: walla

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