Israel Unemployment Rate - Forecast

Unemployment Rate in Israel is expected to be 3.80 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 3.40 in 12 months time. In the long-term, the Israel Unemployment Rate is projected to trend around 3.40 percent in 2020, according to our econometric models.


Israel Unemployment Rate
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Israel Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.6 3.8 3.8 3.6 3.4 3.4
Employed Persons 3880 3831 3831 3831 3831 3831
Unemployed Persons 148 169 169 169 169 169
Job Vacancies 103004 94473 94379 94476 94449 94447
Wages 10375 104000 105000 105000 108000 113000
Wages in Manufacturing 117 115 113 119 128 128
Minimum Wages 5300 5300 5300 5300 5500 5700
Population 8.81 9 8.92 9 9 9.2
Retirement Age Women 63.33 63 63 63.33 63 64
Retirement Age Men 68.33 68.33 68 68.33 68 69
Labor Force Participation Rate 63.5 64 63.95 63.94 63.96 63.98
Employment Rate 61.3 61.48 61.46 61.2 61.39 61.4