Unemployment Rate in Israel decreased to 3.90 percent in February from 4.30 percent in January of 2023. source: Central Bureau of Statistics, Israel

Unemployment Rate in Israel averaged 6.21 percent from 1992 until 2023, reaching an all time high of 11.40 percent in March of 1992 and a record low of 3.30 percent in June of 2022. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Unemployment Rate in Israel is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Israel Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2023-02-20 11:00 AM Jan 4.3% 4.2% 4.3%
2023-03-20 12:30 PM Feb 3.9% 4.3% 4.3%
2023-04-24 10:00 AM Mar 3.9% 4.4%

Related Last Previous Unit Reference
Unemployment Rate 3.90 4.30 percent Feb 2023
Unemployed Persons 193.35 188.18 Thousand Jan 2023
Employed Persons 4262.95 4240.26 Thousand Jan 2023
Job Vacancies 129702.00 136688.00 Feb 2023
Wages 12183.10 12270.40 ILS/Month Dec 2022
Wages in Manufacturing 131.60 122.20 points Dec 2022
Population 9.45 9.29 Million Dec 2021
Labor Force Participation Rate 63.60 63.20 percent Dec 2022
Employment Rate 60.60 60.30 percent Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 4.30 11.40 3.30 1992 - 2023 percent Monthly

News Stream
Israel Jobless Rate at New Record Low
Israel's seasonally adjusted unemployment rate fell to 3.3 percent in June of 2022, from 3.7 percent in May, the lowest jobless rate since the data collection began. The number of unemployed persons fell by 16.9 thousand to 143.6 thousand, a level not seen since February of 2020, while those employed rose by 15.0 thousand to 4,199.7 thousand.
Israel Jobless Rate Falls to Lowest Since 2020
Israel's seasonally adjusted unemployment rate inched down to 3.5 percent in April of 2022, from 3.8 percent in March, the lowest jobless rate since March of 2020. The number of unemployed persons fell by 14.2 thousand to 150 thousand, a level not seen in over two years, while those employed dropped by 8.3 thousand to 4,130.9 thousand. At the same time, the labor force participation rate edged down to 62.6 percent from 63.1 percent in March.
Israel Jobless Rate at Near 2-Year Low
The seasonally adjusted unemployment rate in Israel inched down to 3.8 percent in March of 2022, from 3.9 percent in February, the lowest jobless rate since April of 2020. The number of unemployed persons fell by 4.1 thousand to 163.6 thousand, the lowest in nearly two years, and those employed increased by 4.1 thousand to 4,144.3 thousand. At the same time, the labor force participation rate edged down to 63.1 percent from 63.2 percent in February.