More layoffs hit job market in July

Employment service says 14,180 people lost their jobs.

August 22, 2010 21:45
2 minute read.
People stand in line at the Employment Authority.

unemployment 311. (photo credit: Ariel Jerozolimski)

The number of layoffs increased by nearly 10 percent to 14,180 in July, while the number of job seekers fell by 0.3%, the Employment Service reported Sunday.

“Last month’s figures point to a mixed picture in the job market,” Employment Service director Yossi Farhi said. “They showed four trends in the labor market: The number of unemployed continued to fall, albeit at a slower pace; the number of newly unemployed rose; the number of applicants for income support declined; and worker demand increased.”

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In July, 14,180 people lost their jobs, up 9.6% from 12,936 in June, the Employment Service reported.

There were 7,686 women and 6,494 men who lost their jobs, especially workers aged 25 to 34.

The number of workers who were unemployed for more than two days in July fell 0.2% to 198,300, compared with a drop of 0.5% to 198,600 in June. Since July 2009, the number of unemployed has been declining at an average monthly rate of 0.8%. Sine the beginning of this year, the fall in the number of unemployed has been slowing down from a rate of 1.3% to 0.2% in July.

The highest unemployment rate for July was in the South (10%), followed by the North (9.9%), the Sharon region (5.9%), the Jerusalem area (4.1%) and the Dan region (3.6%).

The national unemployment rate was 6.4%.

During July, the number of job seekers fell 0.3% to 205,203, in seasonally adjusted terms, from 206,770 in June.

About 41.1% of the job seekers were from Arab communities and development towns, including 53,085 (25.4%) from Arab communities and 31,951 (15.7%) from development towns.

The total number of applicants seeking income support in July fell 0.3% to 118,241, in seasonally adjusted terms, from 118,598 in June.

The number of applicants seeking income support for a period of more than 270 days declined 0.8% to 74,750 in July from 75,334 in June.

The Employment Service received 26,688 job requests in July, compared with 23,400 during the same month last year, representing an increase of 14.2%.

“During 2010, the number of work requests rose by a monthly average of 5.8% compared with 2009, during which the number of job requests surged by a monthly average of 10.6% compared with the previous year,” Farhi said.

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