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Jerusalem Life

| Israeli job market showing signs of stress after years of strong growth

Zev Stub    
Monday, 13 January 12:20 PM
After years of growth and record low unemployment, the local job market is starting to show signs of contraction, the Israel Employment Service said in its annual report, released on Sunday.

While the overall percentage of Israelis working or actively seeking employment remained at a record high, and jobless rates at a record low, the number of job seekers and the number of lay-offs rose in the last few months of the year. Meanwhile, the number of job vacancies showed a decline.

Full Story (Haaretz.com)
         
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