News Briefs

  5/26/2014, Iyar 26, 5774

Unemployment Down to 5.6% in April

Israel’s unemployment rate decreased in April from 5.7% to 5.6% and the rate of participation in the workforce rose from 63.9% to 64%, the Central Bureau of Statistics (CBS) reports.

The CBS also found that among the 25-64 age range unemployment did rise slightly from 5.1% to 5.2%, and the group simultaneously dropped in its rate of participation in the workforce, from 79.7% to 79.6%.