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
Unemployment in Israel drops below 10% for first time since pandemic
If unemployment drops below 10%, benefits will be reduced by 10% – and if the rate drops below 7.5%, the program will be canceled completely.
Public companies save 8% of payment costs due to unpaid leave - report
According to the report's authors, this shows that the unpaid leave model was ineffective at what it set out to do.
COVID-19: What happens when Israel's unpaid leave program ends June 30?
As of this week, more than 547,000 people are still out of work according to Israel Employment Services, a bit less than 10%, despite the reopening of the economy.
New York rabbis celebrate approval of $2.1 billion Excluded Workers Fund
The letter quoted The Torah to make its case, stating that "You shall not abuse a needy and destitute laborer, whether a fellow countryman or a stranger in one of the communities of your land.”
Amazon acknowledges issue of drivers urinating in bottles in apology
The company said the issue was industry-wide and it would look for solutions, without specifying what these might be.
Israel approves 'return to work' grants to wean people off COVID benefits
The plan provides a package of benefits worth thousands of shekels to people who return to work between February and April.
Coronavirus: Haredi, Arab cities had high unemployment during lockdown
The resort city of Eilat suffered from the highest unemployment rates in Israel during the third lockdown.
Coronavirus: 382,000 Israelis mistakenly get unemployment benefits
Nearly NIS 1 billion were given to people who didn't qualify.
New JDC program helps laid-off workers develop new work skills
Employees also participate in a workshop to develop digital and self-learning skills required for a job market that is constantly changing.
Coronavirus in Israel: 165,551 new job seekers since start of lockdown
Since January 25, the IES has recorded a consistent increase in the rate of layoffs and resignations among the total daily new job seekers.
