The seasonally adjusted unemployment rate in Israel decreased to 3.8 percent in April of 2019 from 3.9 percent in March. It was the lowest jobless rate since March 2018, as the number of unemployed fell by 7.7 thousand to 157.4 thousand and employment rose by 89.4 thousand to 3,975 thousand. Unemployment Rate in Israel averaged 6.76 percent from 1992 until 2019, 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 3.70 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
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Calendar GMT Actual Previous Consensus TEForecast
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 3.9% 4.1% 4.2%
2019-05-31 10:00 AM Unemployment Rate 3.8% 3.9% 3.9%
2019-06-25 10:00 AM Unemployment Rate 3.8% 4.00%
2019-07-31 10:00 AM Unemployment Rate 3.70%
2019-08-30 09:50 AM Unemployment Rate 3.60%


Israel Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.90 11.40 3.70 percent [+]
Employed Persons 3967.04 3923.20 3967.04 1537.00 Thousand [+]
Unemployed Persons 159.68 175.43 305.40 126.80 Thousand [+]
Job Vacancies 100197.00 96426.00 110856.00 10496.00 [+]
Wages 10789.40 10713.10 10789.40 7186.00 ILS/Month [+]
Wages in Manufacturing 129.90 117.30 137.00 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 64.20 64.00 64.70 62.10 percent [+]
Employment Rate 61.50 61.60 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.90 11.40 3.70 1992 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.70 Feb/19
Brazil 12.50 Apr/19
Italy 10.20 Apr/19
Argentina 9.10 Dec/18
France 8.70 Mar/19
Euro Area 7.60 Apr/19
Saudi Arabia 6.00 Dec/18
Canada 5.40 May/19
Australia 5.20 May/19
Indonesia 5.01 Mar/19
Russia 4.70 Apr/19
South Korea 4.00 May/19
United Kingdom 3.80 Apr/19
China 3.67 Mar/19
United States 3.60 May/19
India 3.53 Dec/18
Mexico 3.50 Apr/19
Netherlands 3.30 Apr/19
Germany 3.20 Apr/19
Japan 2.40 Apr/19
Switzerland 2.30 May/19
Singapore 2.20 Mar/19


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