Israel’s seasonally adjusted unemployment rate declined to 2.7% in February 2026 from 3.1% in the previous month, signaling an improvement in labor market conditions. This marks the lowest reading since June last year, as the number of unemployed persons fell. Meanwhile, the labor force participation rate edged slightly lower to 62.5% from 62.7%, suggesting a modest pullback in workforce engagement. The employment rate remained unchanged at 60.8%, indicating stable job creation despite the dip in participation. source: Central Bureau of Statistics, Israel
Unemployment Rate in Israel decreased to 2.70 percent in February from 3.10 percent in January of 2026. Unemployment Rate in Israel averaged 5.76 percent from 1992 until 2026, reaching an all time high of 11.40 percent in March of 1992 and a record low of 2.60 percent in August of 2024. 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 April of 2026.
Unemployment Rate in Israel decreased to 2.70 percent in February from 3.10 percent in January of 2026. Unemployment Rate in Israel is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Unemployment Rate is projected to trend around 3.20 percent in 2027 and 3.10 percent in 2028, according to our econometric models.