Newly released government figures show that there are currently 851,051 individuals who are unemployed in Israel, of which 536,906 have been forced to take unpaid leave due to the COVID-19 pandemic.
According to a study carried out by economists from the Ministry of Finance and published in early August, it will take some four to five years before Israel’s economy returns to pre-coronavirus unemployment levels, which was estimated at five percent.
Read more at i24NEWS.
{Matzav.com}