The seasonally adjusted unemployment rate in Israel stood at 4.1 percent in October of 2018, the same as in the previous month. Among genders, the jobless rate was lower for men (4 percent from 4.1 percent in September) than for woman (4.2 percent from 4.1 percent). Meanwhile, the activity rate went down to 63.7 percent from 63.9 percent in the prior month. A year earlier, the unemployment rate was lower at 4 percent. Unemployment Rate in Israel averaged 6.86 percent from 1992 until 2018, reaching an all time high of 11.40 percent in March of 1992 and a record low of 3.70 percent in January of 2018.

Unemployment Rate in Israel is expected to be 3.90 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 3.60 in 12 months time. In the long-term, the Israel Unemployment Rate is projected to trend around 3.40 percent in 2020, according to our econometric models.

Israel Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 09:50 AM Unemployment Rate 4.2% 4% 3.9%
2018-10-11 10:00 AM Unemployment Rate 4% 4.1% 4.1%
2018-10-31 11:00 AM Unemployment Rate 4% 4% 4%
2018-11-23 03:55 PM Unemployment Rate 4.1% 4.1% 4%
2018-12-31 11:00 AM Unemployment Rate 4.1% 3.9%
2019-01-31 11:00 AM Unemployment Rate 3.9%
2019-02-28 11:00 AM Unemployment Rate


Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.10 11.40 3.70 percent [+]
Employed Persons 3917.23 3902.34 3917.23 1537.00 Thousand [+]
Unemployed Persons 175.36 155.97 305.40 126.80 Thousand [+]
Job Vacancies 109546.00 107376.00 110856.00 10496.00 [+]
Wages 10603.10 10523.14 10603.10 7186.00 ILS/Month [+]
Wages in Manufacturing 110.40 115.30 137.00 96.00 Index Points [+]
Minimum Wages 5300.00 5000.00 5300.00 2348.88 ILS/Month [+]
Population 8.81 8.63 8.81 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 63.70 63.90 64.70 62.10 percent [+]
Employment Rate 61.10 61.30 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 4.10 11.40 3.70 1992 - 2018 percent Monthly
SA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.40 Sep/18
Italy 10.60 Oct/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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