The Employment Service has registered a record number of unemployed since the beginning of the month, 86% of whom were posted to the UAV • National Insurance expects half a million to leave the workforce by the end of April

• Queue at the Tel Aviv Employment Service // Photo: Joshua Yosef

The Employment Service announced this morning (Thursday) that since the beginning of March, a record number of 330,000 new unemployed persons have been registered, 86% of which were forcibly released to the USSR.

In less than half a day, from 6 pm on March 18 until 8:00 am on March 19, no less than 95,600 new unemployed persons were registered. The enrollment rate for new unemployed reaches 5,000 unemployed per hour.

53% of new unemployed men, 47% women. New unemployed ages: 35-54 - 45%, 20-34 - 37%, 55 and over - 18%.

Director of Employment Service Rami Graur warns against Pike News and clarifies: Contrary to recent irresponsible statements - registration in the Employment Service remains binding, only so that workers' rights can be preserved and solutions created - for the crisis and the day after. "

National Insurance estimates that by the end of April there will be half a million unemployed and unemployed workers, including 400,000 new unemployed who will be added to 100,000 unemployed before the outbreak of the Corona virus. It is estimated that as of March (about half of the month) the total payments for unemployment benefit and the NIS grant will amount to NIS 1.2 billion.

The amount of unemployment benefits for April will be doubled, amounting to NIS 2.5 billion. This is a huge sum of NIS 12.5 billion, assuming the Corona crisis lasts for six months. In the scenario that the corona eruption will last for a year, Social Security will be required to pay a huge sum only to unemployment benefits of NIS 30 billion.