Government figures shows unemployment hit new low in second quarter.
By Garry Kranz Comments 0 | Recommend 0
Industrious in Israel: The prevailing threat of terrorism has not dampened
the work ethic of the Israelis. The government’s Central Bureau of Statistics
says civilian unemployment fell across Israel to 5.9 percent in the second
quarter of 2008, according to Haaretz.com, the online edition of Haaretz
Newspaper. That is the lowest it has been in nearly 25 years. About 9,000 people
secured work during the quarter, shaving Israel’s jobless rate from 6.1 percent.
That left about 174,300 people without jobs. The newspaper says 5.9 percent of
working men remained unemployed, slightly lower than women (6.2 percent).
Central Israel boasts the highest proportion of workers at nearly 63 percent. In
Tel Aviv, nearly 61 percent of adults have jobs.
In another report, UPI reports that Israel’s Ministry of Finance is
considering proposals to increase the number of Israeli citizens in the
construction workforce and limit the number of Palestinian workers. The report
says the move could threaten the livelihood of Palestinian construction workers
employed in Israel, which number about 15,000.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
Reproductions and distribution of the above article are strictly prohibited. To order reprints and/or request permission to use the article in full or partial format, please contact our Reprint Sales Manager at (732) 723-0569.
Comments
Guidelines: Comments that include profanity or personal attacks or other inappropriate comments or material will be removed
from the site. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies
or any other policies governing this site. You are fully responsible for the content you post.
= Member Only
