Unemployment
Wix cuts 20% of its employees citing shekel-dollar exchange rate, AI implementation
According to the CEO, the fact that the company has shekel-dominated costs and dollar-denominated revenue made it impossible to keep its current operations running without cutting back.
Behind the layoff headlines lies a more complex reality - opinion
Major change in Kuwaiti citizenship laws sees thousands lose nationality
Israel registered 37% less unpaid leave applications than in previous Iran war, report reveals
Coronavirus in Israel: Unemployment payments to end at end of June
The announcement was expected. The economic safety net that supported hundreds of thousands of unemployed Israelis throughout the pandemic was scheduled to end June 30.
Post-COVID-19 economic challenges facing Israel's next government
ECONOMIC AFFAIRS: Here’s a look at some of the most pressing challenges facing incoming prime minister Naftali Bennett and incoming finance minister Avigdor Liberman.
Liberman: No unemployment payments for people under 45
Liberman said he will take a hardline approach to encourage more people to return to the workforce, according to N12.
A third of Israel's job seekers have been unemployed more than a year
The economic safety net plan that went into effect last year when the coronavirus pandemic started had provided job seekers with unemployment benefits through the end of June.
Israel's new unemployment plan: No benefits for under age 28
Under the new model, job seekers people will be given a maximum number of days they can receive unemployment benefits, based on their age and number of dependents.
Jerusalem businesses still struggling to hire workers
Restaurants and other businesses with low-skilled workers are having trouble hiring because the government's coronavirus safety net promises job seekers up to 70% of their original.
Israel's unemployment rate falls to 7.9% as country emerges from COVID-19
That figure includes people on temporary leave from their place of work due to the pandemic.
One in two people globally lost income due to the pandemic
The COVID-19 crisis has hit workers across the world; about 1.7 billion adults globally said they temporarily stopped working at their job or business due to the pandemic.
Israel's new unemployment plan takes COVID-19 into account
Speaking to 103FM Radio on Monday, the head of the National Insurance Institute detailed the new plan to assist those still unemployed starting from June.
Remote work will bring more ultra-Orthodox to hi-tech - survey
The shift is heartening for a sector that is suffering from a shortage of good talent.
