The seasonally adjusted unemployment rate in Israel decreased to 3.7 percent in July of 2019 from 4.1 percent in the previous month. The number of unemployed fell by 19.1 thousand to 150.4 thousand and employment increased by 1.8 thousand to 3,951 thousand. By genders, the jobless rate declined for both women (3.9 percent from 4.0 percent in June) and men (3.5 percent from 4.2 percent). Meantime, the participation rate went down to 63.1 percent from 63.5 percent in June while the employment rate stood at 60.8 percent. A year ago, the unemployment rate was higher at 4.1 percent. Unemployment Rate in Israel averaged 6.70 percent from 1992 until 2019, reaching an all time high of 11.40 percent in March of 1992 and a record low of 3.60 percent in January of 2018.

Unemployment Rate in Israel is expected to be 3.60 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 3.60 in 12 months time. In the long-term, the Israel Unemployment Rate is projected to trend around 4.20 percent in 2020, according to our econometric models.

Israel Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-31 10:00 AM Unemployment Rate Apr 3.8% 3.9% 3.9%
2019-06-24 10:55 AM Unemployment Rate May 3.6% 3.8% 3.8%
2019-07-31 10:00 AM Unemployment Rate Jun 4.1% 3.7% 3.7%
2019-08-26 10:00 AM Unemployment Rate Jul 3.7% 4.1% 3.7%
2019-09-19 10:00 AM Unemployment Rate Aug 3.7% 3.6%
2019-10-31 11:00 AM Unemployment Rate Sep 3.6%
2019-11-25 11:00 AM Unemployment Rate Oct 3.5%


Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 4.10 11.40 3.60 percent [+]
Employed Persons 3951.00 3967.57 3967.57 1537.00 Thousand [+]
Unemployed Persons 150.40 150.96 305.40 126.80 Thousand [+]
Job Vacancies 99244.00 102981.00 103832.00 36223.00 [+]
Wages 10780.40 10789.00 10789.40 7186.00 ILS/Month [+]
Wages in Manufacturing 115.90 112.80 137.00 96.00 Index Points [+]
Minimum Wages 5300.00 5300.00 5300.00 2348.88 ILS/Month [+]
Population 8.97 8.81 8.97 2.11 Million [+]
Retirement Age Women 63.33 63.00 63.33 62.00 [+]
Retirement Age Men 68.33 68.00 68.33 67.00 [+]
Labor Force Participation Rate 63.10 63.40 64.70 62.10 percent [+]
Employment Rate 60.90 61.10 61.80 58.40 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 4.10 11.40 3.60 1992 - 2019 percent Monthly
SA




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.10 Mar/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.20 Jul/19
Indonesia 5.01 Mar/19
Russia 4.50 Jul/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.40 Jul/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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