Unemployment in Israel Jumps to 800,000, 40% Increase since Jan 4

Communist Party of Israel

The total number of unemployed workers in Israel has risen to around 800,000, according to figures issued by the Central Bureau of Statistics and the Employment Service on Monday, February 15. This is a significant increase of more than 40% compared to the figure of 565,000 unemployed in Israel issued on in January 4. A newly unemployed woman enters details of her recent dismissal from work via a dedicated monitor in an Employment Service office. (Photo: Employment Service) The large jump in the number of the unemployed since the start of the year is attributed to the third nationwide COVID-19 lock down imposed on Dec. 27, 2020, some of its restrictions still being in effect. With the newest figures, the overall unemployment rate in Israel currently stands at 19.5%, compared to 13.9% in early January, 22.7% in mid-October and a peak of 27.5% at the end of April 2020, when there…

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Unemployment in Israel Jumps to 800,000, 40% Increase since Jan 4