The seasonally adjusted unemployment rate in Israel ticked down for the second consecutive month to 4.5 percent in November of 2021 from a downwardly revised 4.9 percent in the previous month. The number of unemployed fell by 13.8 thousand to 193.8 thousand and the number of employed
Increased by 45 thousand to 4.089 million. Meanwhile, the labor force participation rate edged up to 63.1 percent from 62.8 percent in October. source: Central Bureau of Statistics, Israel
Unemployment Rate in Israel averaged 6.40 percent from 1992 until 2021, reaching an all time high of 11.40 percent in March of 1992 and a record low of 3.40 percent in February of 2020. 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 January of 2022.
Unemployment Rate in Israel is expected to be 4.70 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 4.50 percent in 2022, according to our econometric models.