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Reduction in unemployment: 6.7% in the first half of November - Walla! Of money

2021-12-06T11:04:40.385Z

Unemployment in Israel continues to fall, according to CBS data, which show a 0.6% improvement from the second half of October to the first half of November.



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Decrease in unemployment: 6.7% in the first half of November

Unemployment in Israel continues to fall, according to CBS data, which show a 0.6% improvement from the second half of October to the first half of November. Do not rush to return to work

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  • CBS

  • Corona

  • Chalat

Sonia Gorodisky

Monday, 06 December 2021, 12:44 Updated: 12:54

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The unemployment rate in Israel continues to decline slowly: in the first half of November, the unemployment rate fell to 6.7%, which is 292,000 unemployed, compared with 7.3% in the second half of October.

This was reported today by the Central Bureau of Statistics.



The data show that the labor market has not yet returned to the pre-Corona crisis level so the unemployment rate was less than 4%, and that the unemployment rate model, although it ended for most of the unemployed several months ago, is still showing signs. Workers and the number of job vacancies in the economy continue to be high.

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Young people who have become accustomed to not working during the sick leave are in no hurry to return to the work bag (illustration) (Photo: ShutterStock)

Illness

The leave has affected the labor market in several ways - part of the unemployed were getting used to the absence of a source of income. They do not rush to work to work less comfortable for them, anything that is perceived as legitimate today than in the past.



The study of the Israel Democracy Institute shows that As of September nearly half (45%) from the unemployed Sources report that did not receive unemployment benefits, the majority (69%) under the age of 34. the study found situation alarming, according to which "the unemployed with no money liquid, minus expanding bank and rely on loans."



In some cases back young Who were ejected from the labor force to live in their parents' house and it is estimated that some of them are employed in part-time jobs and receive payment in "black", which is not reported to the authorities.

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Source: walla

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