With many Israeli businesses working reduced hours or closing during the war, employees losing their jobs or placed on unpaid leave, many have turned to unemployment benefits to help them get by.
Insufficient compensation plans and widespread tax evasion contribute to a thriving black market, costing taxpayers hundreds of thousands of shekels and risking criminal penalties.
Israeli businesses navigated through a challenging year marked by a slowdown in the tech sector, political unrest, and an unexpected war with Hamas.
Due to the underdeveloped e-commerce market in Israel and the dominance of global websites, the Azrieli Group announces the closure of Azrieli.com, resulting in the layoff of about 70 employees.
Netanyahu characterized Israel’s economy as “a strong ship in a stormy sea” and attributed its stability and success to decreased bureaucracy and regulations.
From now on, our forces will have to take into consideration the possibility that opposite them are not only Hamas terrorists but hapless Israeli hostages who have managed to escape their captors.
A full-scale war with Hezbollah is outlined, projecting a month-long freeze of most activities in the North, resulting in a 70% drop in employment.
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