Israel Unemployment Rate - Forecast

Unemployment Rate in Israel is expected to be 4.50 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 5.00 in 12 months time. In the long-term, the Israel Unemployment Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.


Israel Unemployment Rate
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Israel Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4 4.5 4.6 4 5 5.5
Employed Persons 3847 3856 3863 3868 3870 3851
Unemployed Persons 170 171 173 174 175 185
Job Vacancies 103337 99990 98496 97034 95517 83085
Wages 10177 10169 10167 10164 10161 10128
Wages in Manufacturing 108 109 110 110 110 110
Minimum Wages 5300 5300 5300 5300 5300 5700
Population 8.63 9 9 8.88 9 9.2
Retirement Age Women 63 63 63 63 63.33 64
Retirement Age Men 68 68.33 68.33 68 68.33 69
Labor Force Participation Rate 64.1 63.96 63.94 63.91 63.89 63.78
Employment Rate 61.5 61.21 61.27 61.22 61.2 61.4