The seasonally adjusted unemployment rate in Israel decreased to 4.1 percent in February of 2019 from a downwardly revised 4.2 percent in January. It was the lowest jobless rate since September 2018, as the number of unemployed fell by 4.1 thousand to 170.3 thousand and employment rose by 18.8 thousand to 3,965.8 thousand. By genders, the jobless rate declined for both women (4.2 percent from 4.3 percent in January) and men (4.0 percent from 4.2 percent). In addition, the participation rate edged up to 64.2 percent in February from 64.0 percent in the prior month and the employment rate increased to 61.5 percent from 61.3 percent in January. A year ago, the unemployment rate was lower at 3.9 percent. Unemployment Rate in Israel averaged 6.79 percent from 1992 until 2019, reaching an all time high of 11.40 percent in March of 1992 and a record low of 3.60 percent in March of 2018.

Unemployment Rate in Israel is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Israel to stand at 3.50 in 12 months time. In the long-term, the Israel Unemployment Rate is projected to trend around 4.90 percent in 2020, according to our econometric models.

Israel Unemployment Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-12-24 11:00 AM Unemployment Rate 4.1% 4.1% 3.9%
2019-01-31 11:00 AM Unemployment Rate 4.3% 4.1% 3.90%
2019-02-25 11:00 AM Unemployment Rate 4.3% 4.3% 3.60%
2019-03-25 11:00 AM Unemployment Rate 4.1% 4.2% 4%
2019-04-30 10:00 AM Unemployment Rate 4.1% 3.60%
2019-05-31 10:00 AM Unemployment Rate 4.00%
2019-06-25 10:00 AM Unemployment Rate 4.00%


Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.20 11.40 3.60 percent [+]
Employed Persons 3923.20 3917.23 3923.20 1537.00 Thousand [+]
Unemployed Persons 175.43 175.36 305.40 126.80 Thousand [+]
Job Vacancies 96426.00 96249.00 110856.00 10496.00 [+]
Wages 10618.00 10584.50 10629.60 7186.00 ILS/Month [+]
Wages in Manufacturing 114.90 121.00 137.00 96.00 Index Points [+]
Minimum Wages 5300.00 5300.00 5300.00 2348.88 ILS/Month [+]
Population 8.97 8.81 8.97 2.11 Million [+]
Retirement Age Women 63.33 63.00 63.33 62.00 [+]
Retirement Age Men 68.33 68.00 68.33 67.00 [+]
Labor Force Participation Rate 64.00 64.10 64.70 62.10 percent [+]
Employment Rate 61.60 61.40 61.80 58.40 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 4.20 11.40 3.60 1992 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.10 Dec/18
Turkey 14.70 Jan/19
Spain 14.45 Dec/18
Brazil 12.40 Feb/19
Italy 10.70 Feb/19
Argentina 9.10 Dec/18
France 8.80 Dec/18
Euro Area 7.80 Feb/19
Saudi Arabia 6.00 Dec/18
Canada 5.80 Mar/19
Indonesia 5.34 Sep/18
Australia 5.00 Mar/19
Russia 4.70 Mar/19
United Kingdom 3.90 Feb/19
China 3.80 Dec/18
South Korea 3.80 Mar/19
United States 3.80 Mar/19
India 3.53 Dec/18
Netherlands 3.30 Mar/19
Mexico 3.20 Mar/19
Germany 3.10 Feb/19
Switzerland 2.50 Mar/19
Japan 2.30 Feb/19
Singapore 2.20 Dec/18


Related

Latest