The seasonally adjusted unemployment rate in Israel edged up to 5.5 percent in May of 2021 from 5.4 percent in the previous month. It was the highest jobless rate since January 2015, as the number of unemployed increased by 3.4 thousand to 225.4 thousand while employment went down by 9.8 thousand to 3.869 million. Meantime, the labour force participation rate edged down to 60.9 percent from 61.1 percent in April and the employment rate edged up to 57.8 percent. source: Central Bureau of Statistics, Israel

Unemployment Rate in Israel averaged 6.44 percent from 1992 until 2021, reaching an all time high of 11.40 percent in March of 1992 and a record low of 3.40 percent in February of 2020. This page provides the latest reported value for - Israel Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Israel Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Unemployment Rate in Israel is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Israel to stand at 4.50 in 12 months time. In the long-term, the Israel Unemployment Rate is projected to trend around 4.50 percent in 2022, according to our econometric models.

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Israel Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.40 11.40 3.40 1992 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-25 11:00 AM Feb 5.1% 4.6% 4.4%
2021-04-26 10:00 AM Mar 5.4% 5.1% 4.9%
2021-05-24 10:00 AM Apr 5.4% 5.4% 5.5%
2021-06-21 10:00 AM May 5.5% 5.4% 5.4%
2021-07-29 10:00 AM Jun 5.5% 5.5%
2021-08-23 10:00 AM Jul
2021-09-30 10:00 AM Aug
2021-10-25 11:00 AM Sep


News Stream
Israel Jobless Rate Rises to Over 6-Year High
The seasonally adjusted unemployment rate in Israel edged up to 5.5 percent in May of 2021 from 5.4 percent in the previous month. It was the highest jobless rate since January 2015, as the number of unemployed increased by 3.4 thousand to 225.4 thousand while employment went down by 9.8 thousand to 3.869 million. Meantime, the labour force participation rate edged down to 60.9 percent from 61.1 percent in April and the employment rate edged up to 57.8 percent.
2021-06-21
Israel April Jobless Rate Steady at 5-Year High
The seasonally adjusted unemployment rate in Israel stood at 5.4 percent in April of 2021, unchanged from March's five-year high, amid the effects of a prolonged pandemic crisis. The number of unemployed persons increased by 1.1 thousand to 220.2 thousand, the highest since September of 2014. Meanwhile, employment went up by 33 thousand to 3.88 million. At the same time, the labour force participation rate edged up to 61.1 percent from 60.9 percent in March and the employment rate also increased to 57.8 percent from 57.6 percent.
2021-05-24
Israel Jobless Rate Rises to 5-Year High of 5.4%
The seasonally adjusted unemployment rate in Israel rose to 5.4 percent in March of 2021 from 5.1 percent in the previous month. It was the highest jobless rate since February of 2016, as the number of unemployed increased by 11.3 thousand to 219.1 thousand while the number of employment went up by 16.7 thousand to 3.84 million. Meantime, the labour force participation rate edged up to 60.7 percent from 60.3 percent in March and the employment rate also increased to 57.4 percent from 57.2 percent.
2021-04-26
Israel Jobless Rate Rises to Near 4-Year High of 5.1%
The seasonally adjusted unemployment rate in Israel rose to 5.1 percent in February of 2021 from 4.6 percent in the previous month. It was the highest jobless rate since April of 2016, as the number of unemployed increased by 20.3 thousand to 204.6 thousand while employment went down by 22.8 thousand to 3.82 million. Meantime, the labour force participation rate edged down to 60.1 percent from 60.3 percent in January and the employment rate also declined to 57.1 percent from 57.5 percent.
2021-03-25

Israel Unemployment Rate
In Israel, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.