The seasonally adjusted unemployment rate in Israel decreased to 5 percent in July of 2021 from a downwardly revised 5.1 percent in the previous month. This is the lowest rate of unemployment since January as the number of unemployed fell by 5.9 thousand to 206 thousand while the number of employed rose by 6.8 thousand to 3.955 million. Meanwhile, the labour force participation rate edged down to 61.7 percent from a downwardly revised 61.8 percent in June. source: Central Bureau of Statistics, Israel

Unemployment Rate in Israel averaged 6.43 percent from 1992 until 2021, reaching an all time high of 11.40 percent in March of 1992 and a record low of 3.40 percent in February of 2020. 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 September of 2021.

Unemployment Rate in Israel is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Unemployment Rate is projected to trend around 4.50 percent in 2022, according to our econometric models.

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Israel Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.10 11.40 3.40 1992 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-24 10:00 AM Apr 5.4% 5.4% 5.5%
2021-06-21 10:00 AM May 5.5% 5.4% 5.4%
2021-08-03 10:00 AM Jun 5.2% 5.4% 5.5%
2021-08-23 10:00 AM Jul 5% 5.1% 5.2%
2021-09-30 10:00 AM Aug 5%
2021-10-25 11:00 AM Sep
2021-11-22 11:00 AM Oct
2021-12-06 11:00 AM Nov


News Stream
Israel Jobless Rate Drops to 6-Month Low of 5%
The seasonally adjusted unemployment rate in Israel decreased to 5 percent in July of 2021 from a downwardly revised 5.1 percent in the previous month. This is the lowest rate of unemployment since January as the number of unemployed fell by 5.9 thousand to 206 thousand while the number of employed rose by 6.8 thousand to 3.955 million. Meanwhile, the labour force participation rate edged down to 61.7 percent from a downwardly revised 61.8 percent in June.
2021-08-23
Israel Jobless Rate Edges Down in June
The seasonally adjusted unemployment rate in Israel edged down to 5.2 percent in June of 2021 from a downwardly revised 5.4 percent in the previous month. The number of unemployed decreased by 4 thousand to 271.7 thousand while the number of employed increased by 65.2 thousand to 3.945 million. Meantime, the labour force participation rate rose to 61.9 percent from 61.1 percent in May.
2021-08-23
Israel Jobless Rate Rises to Over 6-Year High
The seasonally adjusted unemployment rate in Israel edged up to 5.5 percent in May of 2021 from 5.4 percent in the previous month. It was the highest jobless rate since January 2015, as the number of unemployed increased by 3.4 thousand to 225.4 thousand while employment went down by 9.8 thousand to 3.869 million. Meantime, the labour force participation rate edged down to 60.9 percent from 61.1 percent in April and the employment rate edged up to 57.8 percent.
2021-06-21
Israel April Jobless Rate Steady at 5-Year High
The seasonally adjusted unemployment rate in Israel stood at 5.4 percent in April of 2021, unchanged from March's five-year high, amid the effects of a prolonged pandemic crisis. The number of unemployed persons increased by 1.1 thousand to 220.2 thousand, the highest since September of 2014. Meanwhile, employment went up by 33 thousand to 3.88 million. At the same time, the labour force participation rate edged up to 61.1 percent from 60.9 percent in March and the employment rate also increased to 57.8 percent from 57.6 percent.
2021-05-24

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.