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. source: Central Bureau of Statistics, Israel
Unemployment Rate in Israel averaged 6.33 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.