Record number of layoffs
July layoffs hit 3-year high
Israel Employment Services figures reveal that some 16,084 people were fired in July, a three year record high. 7,497 of people laid off were men and 8,587 were women
The number of layoffs
reached a three year high in July, with some 16,084 people fired from their jobs – the highest number since 2009, figures released by the Israel
Employment Services revealed on Tuesday.
Some 7,497 of those who lost their jobs were men while 8,587 were women.
Tel Aviv saw the largest number of layoffs (1,072) with Jerusalem coming in at second place (803).
The market saw 211,617 job seekers at the end of July, a 7% increase from June and a 5% hike from the corresponding month in 2011. Some 24,573 people registered as job seekers with the Employment Services in July.
According to Director General of the Israel Employment Services Boaz Hirsch "July saw a 0.5% increase in unemployed when compared with the previous month; bringing the total number to 187,200 job seekers."
