December jobless rate rises to 6.8%.

Preliminary figures showed that unemployment rate has been rising since August, after four months during which it was unchanged at 6.5%.

By SHARON WROBEL
January 25, 2011 00:01
1 minute read.
People stand in line at the Employment Authority.

unemployment 311. (photo credit: Ariel Jerozolimski)

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

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • 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 Don't show it again

The unemployment rate rose to a preliminary 6.8 percent of the civilian labor force during November, up from 6.6% in August, the Central Bureau of Statistics reported Monday.

The November unemployment rate returned to its level in February.

Be the first to know - Join our Facebook page.


The statistics bureau revised the October unemployment rate from 6.6% to 6.8%.

The preliminary figures showed that the unemployment rate has been rising since August, after four months during which it was unchanged at 6.5%. Since the economy started to recover from the global crisis, unemployment has declined gradually from 7.7% in April 2009 to 6.5% last April.

Last week, the Employment Service reported that 12,047 people lost their jobs in December, down from 13,831 in November, for a decline of 12.9%. Among the layoffs, 5,930 were women and 6,117 were men. The greatest number of newly unemployed were within the age group of 25 to 34.

The number of those unemployed for more than two days last month fell 0.2% to 185,000 compared with November. Since June 2009, the number of unemployed has fallen from 212,000 to 185,000 in December.

The highest unemployment rate (9.9%) was in the South, followed by the North (9.5%), the Sharon region (5.5%), the Jerusalem area (3.8%) and the Dan region. The number of job seekers fell from 201,075 in December to 203,665 in November, or down 1.3% in seasonally adjusted terms.



Among job seekers, 52,793 came from Arab communities (26.4% of the total), and 30,421 came from development towns (15.2%).

The number of applicants seeking income support fell 1.4% in seasonally adjusted terms to 115,522 in December, from 117,218 in November.


Related Content

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

By GLOBES, NIV ELIS