Business Standard

Israel's unemployment rate drops to lowest since Covid-19 outbreak

The total number of unemployed people in Israel declined to about 282,800, according to data published by the state's Central Bureau of Statistics.

Israel

IANS Jerusalem

The total number of unemployed people in Israel declined to about 282,800, according to data published by the state's Central Bureau of Statistics.

It is an unemployment rate of 6.5 per cent, the lowest in Israel in November since the outbreak of the Covid-19 pandemic in the country in early March 2020.

The unemployment rate in the country was 8 per cent in August and decreased to 7.9 per cent in September and to 7 per cent in October, Xinhua news agency reported.

On March 1, 2020, the unemployment rate in Israel was as low as 4 per cent, and within a month jumped to 25 per cent, with more than 1 million unemployed following the pandemic outbreak.

 

--IANS

int/khz/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Dec 28 2021 | 7:04 AM IST

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