Corona price: NIS 16 billion paid as unemployment benefits Israel today

National Insurance: In March alone, NIS 2.35 billion was distributed, compared with NIS 330 million in the regular month • NIS 6.6 billion was given in a "grant to every citizen"

In March, the National Insurance Institute distributed NIS 2.35 billion in grants (to workers in the IDF and the unemployed), compared with NIS 330 million in the regular month. Social Security message. 

Prime Minister Netanyahu responds to the approval of the grant program for citizens

In addition, the grant per resident in August was NIS 6.6 billion, of which NIS 1.46 billion for families with children and NIS 1.3 billion for double grants.

The number of grant recipients was 7.3 million, of which 1.2 million were families with children and 820,000 were double recipients.

The number of recipients of unemployment benefits ranges from 445,000 in July to 895,000 in April.

In September, there were about 555,000 grant recipients.

As for the adjustment grant for those aged 67 and over in March-September, the total expenditure was about NIS 593 million.

The number of grant recipients was about 186,000.

Decrease in job seekers

Meanwhile, for the first time since mid-September, there has been a slight decline in the number of job seekers in Israel;

This is according to data from the Employment Service from yesterday.

For the first time since the September 16 report, the number of daily job returns is higher than the number of job seekers. 

In the last day, until yesterday, 3,507 new jobseekers were registered and at the same time 5,536 reports of returning to work arrived.

Since the day before the start of the second closure, 265,131 jobseekers have been registered with the Employment Service.

At the same time, 31,850 returns to work were reported.

Today, 978,564 jobseekers are registered with the employment service, of which 632,122 are in the Knesset.

191.6 thousand unemployed

The unemployment rate among the labor force among those aged 15 and over was 4.7% in September 2020, ie 191.6 thousand, compared with 5.4% last August - 223.4 thousand people, according to a labor force survey for the second half of September of the CBS.

The proportion of employed persons who were temporarily absent from work all week, due to virus-related reasons, plus the unemployed, was 12.4% which is 504.9 thousand, compared to 9.8% in the previous month, i.e. 406.2 thousand people.

The proportion of employed persons who stopped working due to dismissal or closure of the workplace from March, plus the employed persons who were temporarily absent from work all week for reasons related to the Corona virus, plus the unemployed, was 14.2%, i.e. 589.9 thousand;

Compared to 11.3% in the previous month - 473.9 thousand.

The Labor Force Survey is the main source of information on the labor force in Israel, and was conducted by the CBS. In the second half of September 2020, approximately 7,100 persons aged 15 and over were interviewed on an ongoing basis. In September, approximately 16,500 persons aged 15 and over were interviewed.  

Compared to the first half of September, it appears that the unemployment rate in the labor force was 4.2%, ie 165,000 people.

This is compared to 5.8% in the first half of September 2020, ie 231.9 thousand people.