The seasonally adjusted unemployment rate in Israel edged up to 3.7 percent in May of 2022 from 3.5 percent in the previous month. source: Central Bureau of Statistics, Israel

Unemployment Rate in Israel averaged 6.32 percent from 1992 until 2022, 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 June of 2022.

Unemployment Rate in Israel is expected to be 3.70 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 3.20 percent in 2023, according to our econometric models.

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Israel Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-05-23 10:00 AM Apr 3.5% 3.8% 3.8%
2022-06-27 10:00 AM May 3.7% 3.5% 3.5%
2022-07-25 10:00 AM Jun 3.7%

Related Last Previous Unit Reference
Unemployment Rate 3.70 3.50 percent May 2022
Unemployed Persons 150.02 164.21 Thousand Apr 2022
Employed Persons 4130.88 4139.17 Thousand Apr 2022
Job Vacancies 158786.00 151326.00 May 2022
Wages 12036.80 11815.10 ILS/Month Mar 2022
Wages in Manufacturing 145.90 127.10 points Mar 2022
Population 9.29 9.15 Million Dec 2020
Labor Force Participation Rate 62.60 63.10 percent Apr 2022
Employment Rate 60.60 60.60 percent Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.50 11.40 3.40 1992 - 2022 percent Monthly

News Stream
Israel Jobless Rate Falls to Lowest Since 2020
Israel's seasonally adjusted unemployment rate inched down to 3.5 percent in April of 2022, from 3.8 percent in March, the lowest jobless rate since March of 2020. The number of unemployed persons fell by 14.2 thousand to 150 thousand, a level not seen in over two years, while those employed dropped by 8.3 thousand to 4,130.9 thousand. At the same time, the labor force participation rate edged down to 62.6 percent from 63.1 percent in March.
Israel Jobless Rate at Near 2-Year Low
The seasonally adjusted unemployment rate in Israel inched down to 3.8 percent in March of 2022, from 3.9 percent in February, the lowest jobless rate since April of 2020. The number of unemployed persons fell by 4.1 thousand to 163.6 thousand, the lowest in nearly two years, and those employed increased by 4.1 thousand to 4,144.3 thousand. At the same time, the labor force participation rate edged down to 63.1 percent from 63.2 percent in February.
Israel Jobless Rate Falls for 4th Month
The seasonally adjusted unemployment rate in Israel edged down for the fourth consecutive month to 3.9 percent in January of 2022 from a downwardly revised 4.1 percent in the previous month. The number of unemployed fell by 9.01 thousand to 166.2 thousand and the number of employed increased by 11.94 thousand to 4.1 million. Meanwhile, the labor force participation rate was at 62.9 percent, the same as the previous month.