BREAKING NEWS

Worker layoffs reached three-year high of 16,084 in July

By NADAV SHEMER

AUGUST 21, 2012 14:37

The number of job seekers rose again in July as worker layoffs hit a three-year high of 16,084, the Israel Employment Service reported Tuesday.

More than 53 percent of individuals who lost their jobs last month were female. Tel Aviv recorded the greatest number of dismissals with 1,072, while Jerusalem came in second with 803.

There were 211,617 job seekers in the market at the end of July, a 7% increase from June and 5% increase from the corresponding month last year. A total of 24,573 individuals became listed as job seekers in July, but the impact was tempered somewhat by the hiring of thousands of new workers.

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