By the Employment Service, 600,000 Israelis and Israelis are expected to lose their livelihoods by the virus by tomorrow. • New unemployed enrollment rate - 5,000 per hour
Queue at the Tel Aviv Employment Service // Photo: Yehoshua Yosef
As the Sabbath left, a number of Corona layoffs and workers forced to take a leave of absence from their workplace crossed the threshold of half a million. The blackest estimates of the employment service spoke of half a million laid off by April, but probably by tomorrow (Sunday) more than 600,000 new layoffs will be registered in Israel.
While the Employment Service reports slowing down on Saturday, 503,915 job applicants have already registered. This is an increase of about 28,000 from the latest report, released Friday at 1 p.m. 91% of new registrants are employees who were taken out of the US, the new job registration rate reaches 5,000 unemployed per hour. Another update to the public is scheduled for tomorrow at eight in the morning.
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.
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. "
The National Insurance Institute estimates that by the end of April there will be at least 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.