City
Epaper

Israel's unemployment rate drops to lowest since March 2020

By IANS | Updated: January 18, 2022 13:10 IST

Tel Aviv, Jan 18 The number of unemployed people in Israel declined to about 262,100 at the end ...

Open in App

Tel Aviv, Jan 18 The number of unemployed people in Israel declined to about 262,100 at the end of 2021, registering an unemployment rate of 6 per cent, the lowest since March 2020, according to figures issued by the country's Central Bureau of Statistics.

In March 2020, the figure had jumped to 25 per cent within one month, with more than 1 million people becoming unemployed after the onset of the Covid-19 pandemic, reports Xinhua news agency.

The first case of Covid-19 was confirmed in Israel on February 21, 2020.

On March 1, the unemployment rate of the country was as low as 4 per cent.

The unemployment rate in Israel was 8 per cent in August 2021 and decreased to 7.9 per cent in September, 7 per cent in October, and 6.5 per cent in November.

Among the currently unemployed people, totalling about 84,200, or 32.1 per cent, were laid off or put on unpaid leave due to the pandemic.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Tel AvivisraelCentral bureau of statisticsXinhua
Open in App

Related Stories

InternationalIsrael-Iran Ceasefire: Dangerous Leaving Wounded Lion, Says Israeli Opposition Leader Avigdor Lieberman

BusinessIndian Stocks Recover From Heavy Losses As Israel-Iran Conflict Continues; Sensex Closes 511 Points Down

InternationalIsrael Airstrikes: 6 Military Airports in Iran Targeted; 15 Fighter Jets and Helicopters Reportedly Destroyed

National'We Should Ask Pakistanis': Asaduddin Owaisi on US Strikes on Iran’s Nuclear Facilities

InternationalUS Issues ‘Worldwide Caution’ for Americans After Iran Strike

Politics Realted Stories

MumbaiAmeet Satam Appointed As Mumbai BJP President Ahead of BMC Polls

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray