Israel Jobless Rate Falls to 8-Month Low

Israel’s seasonally adjusted unemployment rate edged up to 2.9% in April 2026 from 2.8% in the previous month, marking the highest level recorded since January. The non-seasonally adjusted unemployment rate also rose to 2.8% from 2.5% in March. At the same time, the number of unemployed individuals increased by 10,000 to reach 123,900. Meanwhile, the labor force participation rate inched up to 62% from 61.9%, indicating a slight increase in workforce activity, while the employment rate remained unchanged at 60.2% in April.

Israel’s seasonally adjusted unemployment rate rose slightly to 2.8% in March 2026, up from an eight-month low of 2.7% in February. The non-seasonally adjusted jobless rate, however, fell to 2.5% from 2.6%, with the number of unemployed decreasing by 3,500 to 113,900. Meanwhile, the labor force participation rate declined to 62.0% from 62.4%, signaling a modest reduction in workforce engagement. The employment rate also dropped to 60.2% from 60.8% in February.

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.