Israel: Data Shows More Than 850,000 Unemployed

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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}

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