The seasonally adjusted unemployment rate in Israel decreased to 3.4 percent in December of 2019 from 3.9 percent in the previous month. The number of unemployed fell by 21.1 thousand to 141.4 thousand while employment decreased by 24.8 thousand to 3,978.8 thousand. By genders, the jobless rate declined for both women (3.2 percent from 3.8 percent in June) and men (3.6 percent). Meantime, the participation rate dropped to 62.9 percent from 63.7 percent while the employment rate went down to 60.7 percent from 61.2 percent in the previous month. A year ago, the unemployment rate was higher at 4.2 percent.

Unemployment Rate in Israel averaged 6.62 percent from 1992 until 2019, reaching an all time high of 11.40 percent in March of 1992 and a record low of 3.40 percent in December of 2019. 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.

Unemployment Rate in Israel is expected to be 3.50 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 3.80 in 12 months time. In the long-term, the Israel Unemployment Rate is projected to trend around 4.20 percent in 2021, according to our econometric models.


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Israel Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.90 11.40 3.40 1992 - 2019 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2019-10-31 11:00 AM Sep 3.7% 3.8% 3.6%
2019-11-25 11:00 AM Oct 3.4% 3.6% 3.5%
2019-12-23 11:00 AM Nov 3.9% 3.5% 3.5%
2020-01-30 11:00 AM Dec 3.4% 3.9% 3.5%
2020-02-24 11:00 AM Jan 3.4% 3.5%
2020-03-23 11:00 AM Feb
2020-04-30 11:00 AM Mar 3.5%
2020-05-25 11:00 AM Apr


News Stream
Israel Jobless Rate Edges Down in December
The seasonally adjusted unemployment rate in Israel decreased to 3.4 percent in December of 2019 from 3.9 percent in the previous month. The number of unemployed fell by 21.1 thousand to 141.4 thousand while employment decreased by 24.8 thousand to 3,978.8 thousand. By genders, the jobless rate declined for both women (3.2 percent from 3.8 percent in June) and men (3.6 percent). Meantime, the participation rate dropped to 62.9 percent from 63.7 percent while the employment rate went down to 60.7 percent from 61.2 percent in the previous month. A year ago, the unemployment rate was higher at 4.2 percent.
2020-01-30
Israel Jobless Rate Edges Up to 5-Month High
The seasonally adjusted unemployment rate in Israel increased to 3.9 percent in November of 2019 from an upwardly revised 3.5 percent in the previous month. It was the highest jobless rate since June, as the number of unemployed rose by 21 thousand to 162.5 thousand while employment increased by 37 thousand to 4,003.6 thousand. By genders, the jobless rate increased for both women (3.9 percent from 3.8 percent in October) and men (3.9 percent from 3.2 percent). Meantime, the participation rate rose to 63.7 percent from 62.9 percent while the employment rate increased to 61.2 percent from 60.7 percent in the previous month. A year ago, the unemployment rate was higher at 4.1 percent.
2019-12-23
Israel Jobless Rate Lowest since 2012
The seasonally adjusted unemployment rate in Israel decreased to 3.4 percent in October of 2019 from a downwardly revised 3.6 percent in the previous month. It was the lowest jobless rate since January 2012 when comparable data began, as the number of unemployed declined by 8.4 thousand to 140.5 thousand while employment fell by 29.2 thousand to 3.70 million. By genders, the jobless rate was down for men (3.1 percent vs 3.3 percent in September) and for women (3.7 percent vs 3.9 percent). Meantime, the participation rate decreased to 62.8 percent from 63.5 percent in September and the employment rate fell to 60.6 percent from 61.2 percent. A year ago, the jobless rate was higher at 4.1 percent.
2019-11-25
Israel Jobless Rate Edges Down in September
The seasonally adjusted unemployment rate in Israel decreased to 3.7 percent in September of 2019 from 3.8 percent in the previous month. By genders, the jobless rate declined for women (4.0 percent from 4.1 percent in June) while remained the same for men (at 3.4 percent). Meantime, the participation rate went up to 63.5 percent from 63.2 percent in June while the employment rate increased to 61.2 percent from 60.8 percent. A year ago, the unemployment rate was higher at 4.1 percent.
2019-10-31

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.