Unemployment
Oracle employees received 6 AM email: 'Today is your last day at work'
The tech giant has launched a new wave of lay-offs in the US. The scale of the cuts remains unknown, but it comes after Oracle’s global workforce was already reduced by 21,000 within a year.
Israel ranks third worldwide in AI commercialization as economy grows 3.2% ahead of Rosh Hashanah
World Food Programme halves food assistance to West Bank due to funding shortages
From Haredi cities to the Sharon: Where was the sharpest spike in job seekers recorded?
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.
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.