More jobs created in April and May

The association highlighted in its report that the country's manufacturing employees produced 1% more over the same number of working hours in April and May when compared to the first quarter of the year.

By MATTHEW KRIEGER
August 8, 2007 08:10
1 minute read.

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

The country's manufacturers reported a rise in productivity of 1.3 percent for the months of April and May, the Manufacturers' Association of Israel said earlier this week. The association additionally noted that over those two months, the number of new industrial workers rose by 2,400, or 0.7%. "Of course I am happy with this growth, but we are always looking for more," said Robbie Ginel, the director of the economic branch of the Manufacturers' Association. "This comes after very rapid growth in the job sector over the first quarter of the year, in which numbers of manufacturing employees rose 1.4%." According to Ginel, over the course of 2007 some 13,500 new workers have been hired by manufacturing companies, with a majority coming in the hi-tech sector. In April and May alone, he said, 47% of new manufacturing employees, or 1,130 people, were hired by hi-tech firms, including companies that produce electrical components, medical devices and communications equipment. "The new hirings represent job growth in the sector of 1.2%, which follows growth of 1.3% in the first quarter of the year," said Ginel. In the mid-integrated technology sector, approximately 730 new workers were hired over the months of April and May, while the hi- integrated sector reported 390 new hirings. The association highlighted in its report that the country's manufacturing employees produced 1% more over the same number of working hours in April and May when compared to the first quarter of the year. In a seperate report, the association noted that Israeli factories are having difficulties hiring skilled workers. Approximately two-thirds of the 170 companies polled in the second quarter of this year reported problems in finding the proper workers, the report said. The association estimated that there is a shortage of 4,000 skilled workers in the country. Israel's unemployment rate in May was 7.6%, the lowest in a decade. Bloomberg contributed to this report

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection

By GLOBES, NIV ELIS