Fewer jobseekers in August

The number of Israelis looking for work fell in August, as the country's economic strength continues to help its employment situation.

October 10, 2007 08:16
1 minute read.


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The number of Israelis looking for work fell in August, as the country's economic strength continues to help its employment situation. According to the Israel Employment Service 203,100 people sought a job during the month, down from 204,500 in July, and 5.5% fewer than the 218,000 in August 2006. "There is no doubt that the numbers we saw in August are a reflection of growth in the local economy," said Esther Domenici, director-general of IES. "But, we must keep in mind that the growth did not reach all areas of the country, particularly in the peripheral areas, where high numbers of the population remain unemployed." Meanwhile, demand for hi-tech workers in September rose 1.8% above August numbers and is 3.1% above numbers from September 2006, according to the Manpower Hi-tech Index. For the third quarter, however, the index showed that demand for hi-tech workers fell 6.6%. "The numbers over the third quarter of the year are just part of the characteristic fluctuations that we have gone through over 2007 and this drop is nothing to get excited about," said Erez Benovitz, director-general of the Manpower Index. Meanwhile, the Central Bureau of Statistics reported on Tuesday that the average gross monthly salary of Israel's 2.75 million wage-earners fell NIS 128 to NIS 7,922 in July from NIS 8,050 in June. Israel Electric Corporation and Mekorot National Water Company employees paced the wage-earners' list, with an average salary of NIS 18,702, some 2.5 times the national average. Financial sector employees earned an average salary of NIS 15,143, while the average salary of public sector employees was NIS 12,015, industrial employees earned NIS 10,990 and transport and communications sector employees earned an average of NIS 9,003. The average monthly salary of foreign workers was NIS 4,365, while the average salary of all workers, including Israelis, foreign workers, and Palestinians, was NIS 7,803.

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