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Average wages fell by 3.4% during April

Average wages fell by 3.4% during April
Posted On 10 Jul 2011 By Lior. Under Business News, Inflation, Labor report, Macro, News Update, Prime, Prime, Public Policy, Uncategorized.
According to the recent wages report published by the Central Bureau of Statistics, the Israeli average wage in current prices reached 8,698 NIS (roughly $2,560 on a monthly scale and nearly $30,670 in annual terms), which is nearly 3.4% compared with March's and nearly up by 6% from April 2010 ... Read More
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Unemployment rate declined to 5.8% during April

Unemployment rate declined to 5.8% during April
Posted On 27 Jun 2011 By Lior. Under Business News, Exchange Rate, Inflation, Labor report, News Update, Prime, Prime.
According to the recent unemployment report of the Central Bureau of Statistics, the Israeli unemployment rate declined to 5.8% during April 2011- the lowest level in over two years. Number of job vacancies fell by 0.5% during May 2011 and reached 65.1 thousand jobs. As a result, the percent of job ... Read More
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Unemployment rate reached 6.1% on January

Unemployment rate reached 6.1% on January
Posted On 17 Apr 2011 By Lior. Under Business News, Inflation, Labor report, Macro, Opinion, Public Policy.
In the recent employment report as published by the Central Bureau of Statistics, the current rate of unemployment in Israel was 6.1% during January 2011. Let's make a very rough estimate on the number of jobs to be created each month just to keep the current unemployment rate: the current annual ... Read More
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