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File photo: Unemployment office in Be'er Sheva
Photo: Herzl Yosef
Israel's unemployment rate drops to 4.3% in December
The rate of unemployment in 2016 stood at 4.8%, a significant drop from 2015 (5.3%); unemployment numbers dropped among both men and women and in most areas of the country.
Israel's rate of unemployment has dropped to only 4.3 percent in December 2016, according to the Central Bureau of Statistics, a drop from the 4.5% it was in November. This puts Israel among the lowest unemployment rates in the world.

 

 

The rate of unemployment throughout 2016 was 4.8% of working-age people, a lot less than 2015 (5.3%).

 

The rate of employed from among the general population reached 61.3% in December. Overall, 3.784 million Israelis were employed in December, while 170,000 were unemployed.

  

The unemployment office in Jerusalem (Photo Gil Yohanan/Archive)
The unemployment office in Jerusalem (Photo Gil Yohanan/Archive)

  

The percent of unemployed men dropped in December to 4.2%, compared to 4.4% in November, while the rate of unemployed women dropped to 4.4% from 4.5%.

 

The percent of unemployment dropped in the fourth quarter of 2016 in most districts of the country. In the Jerusalem district, the unemployment rate dropped to 6% compared to 6.5% in the third quarter; in the northern district, it dropped to 5.1% from 5.8%; in the southern district, unemployment rose to 5.4% from 5.3%; in the Haifa district, the rate of unemployment remained the same at 4.5%; in the central district, it dropped to 3.8% from 4.1%; finally, unemployment was lowest in the Tel Aviv district, where 3.3% were looking for a job compared to 3.7% in the third quarter.

 

The unemployment rate among Jews dropped to 4.1% in 2016 compared to 4.5% in 2015. Among Arabs, unemployment in 2016 was at 5%.

 

 

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