Unemployment

After Wix: Elementor fires about 30% of its employees

Only a month after the massive cuts at Wix, the website development company Elementor joins the wave and will part ways with about 100 employees.

Another website development company is laying off employees
Oracle

Shockwave in tech: The giant company parted ways with 21,000 employees within a year

The Jerusalem Employment Service branch, December 2020

The heavy price of wars: The workers repeatedly pushed out of the labor market

Tech layoffs are the key to change in education in Israel

The historic opportunity hidden within the tech layoff wave


As Artificial Intelligence advances, what can be expected to follow? - opinion

The clock is ticking. Our choices today will shape whether AI becomes humanity’s greatest achievement or, like the golem of Jewish lore, a force that turns on its master.

 Artificial intelligence

Post-October 7: What does a haredi IDF draft look like?

Pre-October 7, draft exemptions were thought to be a solution to the haredi unemployment rate.

HAREDI MEN protest outside the IDF recruiting office in Jerusalem.

Economic recovery faces challenges as labor demand slows

According to manpower survey data from December, the "broad" unemployment rate decreased from around 10% in November to approximately 7.5% in December.

OUTSIDE THE Jerusalem Employment Office

Thousands at risk of unpaid leave over fears of fraud

Employers push for a flexible unemployment benefit to retain employees in reduced positions, potentially saving hundreds of millions, but the state's fear of fraudulent claims hinders its adoption.

 Shops closed at the beginning of Israel's war with Hamas. "The absolute majority of employers would choose a flexible salary"

This week in Jerusalem: Red or Green?

A weekly round-up of city affairs.

 LIGHT RAIL’S Red Line extension: Delayed.

Israel's jobless rate spikes amid conflict with Hamas

The war has led to a significant economic impact in Israel, with the jobless rate reaching nearly 10% in October, driven by temporary work losses affecting over 428,000 individuals.

A beggar sits and asks for money amid the coronavirus crisis, Jerusalem, 2020

18% of workforce absent due to Gaza conflict; Knesset approves business compensation outline

An additional 46,000 workers have been fired or put on unpaid leave as a result of the ongoing war.

 Building workers pouring concrete on the first floor of a new gas station in the Industrial zone of the northern town of Katsrin, Golan Heights on September 9, 2023.

Israeli human resources company HiBob secures $150 mil. in extra funding

Workplaces are constantly evolving, as is the need for businesses to invest in human resource technologies to help manage employees and their work alike.

 HiBob's CEO has managed to collaborate with investors to gain more capital.

Could your job increase your risk of early death? Study says maybe

A new study has found that workers in unstable employment situations may be at risk of early death.

 A stressed worker holds up a sign saying 'help' while surrounded by colleagues in an office.

What to do with your stock options if you are fired - opinion

On the one hand, sellers are exhibiting more flexibility in their negotiations due to market conditions. On the other hand, sellers are proving hesitant to sell all of their shares.

MARKET DATA at the Tel Aviv Stock Exchange.