Unemployment
AI bet goes awry: Oracle fires 21,000 employees
Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.
monday.com to cut 20% of global workforce, more than 600 employees to be laid off
Relocate or resign: Samsung gives hundreds of US employees an ultimatum
The labor market has not yet recovered from the war
As employment rates rise, Israeli economists sound note of cautious optimism
Latest figures show August employment rate is the country’s highest in four years, but fears of a global recession remain.
Jerusalem: A city bound by poverty
What are the reasons for the capital's situation, and is there a viable way to improve it soon? The first in a series on Jerusalem’s socioeconomic status.
A year in, has this government made an impact on the economy?
As we light a solitary birthday candle for Bennett’s current government, here’s a look at a few key factors in the Israeli economy in retrospect.
End of the line for business owners in Tel Aviv Central Bus Station
Over 1,000 employees face unemployment when Tel Aviv Central Bus Station is closed next month. For business owners who cannot relocate, this means the destruction of their livelihood.
Plan to offer unemployment benefits for self-employed workers approved
While salaried workers are entitled to unemployment benefits when they lose their livelihoods, self-employed workers are not currently eligible for such benefits.
Can there be harmony at work? After COVID-19 millions want nothing less
SOCIAL AFFAIRS: Millions of people worldwide have left their jobs over COVID-19 in what has been called the ‘Great Resignation.’
Taliban government offers Afghans wheat for work as money dwindles
Officials on Sunday announced a public works program under which 66,000 tons of wheat will be distributed to laborers, bypassing a financial system that is close to collapse.
Unemployment in Israel: August data gives mixed picture
The broad unemployment rate in Israel reached 7.8 percent in the second half of August — An improvement for the first half of August, but a decline from July.
More workers quit their jobs during coronavirus - report
The percentage of job seekers who had quit their jobs was 22.3% in 2020, and currently stands at 22.6%, compared to 16.1% a year earlier and just 12.3% in 2014.
Number of Israeli job seekers drops 35% in July
The number of job seekers in Israel dropped by more than 35 percent in July to 291,000, Israel Employment Services (IES) said Monday.