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CBS: July unemployment at 6.5%
Central Bureau of statistics sees seasonal drop in job demand
The Central Bureau of Statistics said Thursday that Israel's jobless rate noted a drop in July from 7.1% to 6.5%.
According to the data, employment was at 59.8% compared with 59% in June.
Pink Slip
Yair Hasson
Israel Employment Services figures reveal that some 16,084 people were fired in July, a three year record high. 7,497 of people laid off were men and 8,587 were women
The CBS said that there were seasonal factors that affected unemployment, adding that summer months often see lower job demands.
In mid August, the National Employment Service reported that some 16,000 Israeli were laid off in July – a record high unnoted since 2009.
Last week, Finance Minister Yuval Steinitz said that he had "no knowledge of new unemployment data. Over the past three years, we have created 330,000 new jobs."
