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

InternationalUS Drops Bunker-Buster Bombs on Iranian Ammunition Depot in Isfahan; Trump Shares Video

NationalUS-Israel-Iran War: Ships Carrying 94,000 Metric Tonnes of LPG Safely Cross Strait of Hormuz, Head Towards India

NationalIndia Plays Crucial Role in Ending War, Says Israel; Sets 4 Conditions for Iran

InternationalIsraeli Air Force Claims Strike in Beirut Killed Hezbollah Operative

InternationalIran’s New Supreme Leader Mojtaba Khamenei in Coma, Loses Leg After Airstrike: Reports

Politics Realted Stories

Politics"UCC, One Nation One Election are our ideological planks", says Telangana BJP President Ramchander Rao

PoliticsPriyanka Gandhi "shedding crocodile tears" for people of Keralam in West Asia: BJP's NV Subhash

PoliticsLottery King's wife Leema Rose emerges as "richest" candidate in Tamil Nadu polls, files nomination from Lalgudi

PoliticsBJP to win Dharmanagar, surpass last year's vote margin: CM Manik Saha

Politics'Difference of opinion is not lack of unity': Uttarakhand Congress Chief Godiyal dismisses rift talks