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Last update - 22:40 12/10/2008 How many Israelis will lose their jobs due to financial crisis? By Ido Solomon and Haim Bior Tags: Israel News, Histadrut  How many Israelis are expected to lose their jobs in 2009? It depends on whom you ask. The International Monetary Fund published a report recently predicting only about 4,000 such job losses, and a rise in unemployment from 6% to 6.2% next year. However, the Histadrut labor federation and the Chambers of Commerce are talking about much bigger numbers, even up to 60,000 new jobless. Histadrut chairman Ofer Eini expects 10,000 public employees to lose their jobs at the beginning of 2009, and about an equal number in industry and services, due to the global economic crisis. The Manufacturers Association is talking about 30,000-40,000 more unemployed. A Advertisement nd it was the Israel Chambers of Commerce, also a party with an interest in making the figures look worse, came up with the 60,000 number. The president of the Chambers of Commerce, Uriel Lynn, blames the banks. In his best-case scenario, only 19,000 would lose their jobs, an increase of 1%. However, if the banks make their credit-granting criteria tighter for companies and businesses, he expects a 2% rise in umemployment. Lynn's third scenario has one or more Israeli banks in trouble - and 60,000 more unemployed. Bookmark to del.icio.us   Hair apparent Ultra-Orthodox shop unveils 'Sarah Palin Wig' based on Alaska governor's famous 'do. Protocols of Wall Street 'Report': Jewish execs sent $400 billion to Israel before Lehman Brothers' demise.   1.   A good question 05:18  |  Mark Lincoln 12/10/08   2.   A perfect storm. 11:00  |  Stephen. 12/10/08   3.   Another factor not considered 16:06  |  Chris Linthwaite 12/10/08   4.   How many Israelis will lose their jobs 16:13  |  Millicent 12/10/08   5.   The problem is NOT whom you ask. It is why ask a stupid question? 19:28  |  S 12/10/08   6.   Losing jobs? where are jobs? 19:40  |  jobless 12/10/08   7.   A total waste 22:57  |  Al 12/10/08   8.   Who knows? 05:13  |  Mark Lincoln 13/10/08   9.   Breton Woods is burning 05:16  |  Mark Lincoln 13/10/08   10.   jobs 09:37  |  colin 13/10/08

Read & React Sources: Hamas has raised price of Shalit deal in wake of Kuntar release Responses: 26 Driver who sparked Acre riots: I'd sacrifice myself to bring back coexistence Responses: 94 Don't believe your banker when he says he's sleeping well Send response Akiva Eldar: Improved living standards won't turn Israel's Arabs into lovers of Jews Send response More Headlines 07:14 Sources: Hamas has raised price of Shalit deal in wake of Kuntar release 02:53 Labor Party, Kadima close to signing coalition agreement 06:30 ANALYSIS / A political partnership based on mutual lack of trust 06:38 Hebrew University makes The Times' list of 100 top schools 04:48 Angry and confused, Acre residents wonder how everyday life will go on 07:52 Israel seals off West Bank ahead of Sukkot holiday 01:09 N.Y. synagogues feel holiday pinch as financial crisis wears on congregants 04:58 VIDEO / TASE defies grim forecasts, ends day with moderate losses 20:14 Conspiracy theory faults Jews for Lehman Brothers' collapse 06:34 Israel to allow 700 additional armed PA troops into Hebron 04:37 U.S. tycoon gives David Grossman Torah scroll in son's memory 05:47 Lebanon bans political posters in bid to defuse sectarian tension 09:45 Driver who sparked Acre riots: I'd sacrifice myself to bring back coexistence 15:27 Iranian presidential candidate: Ahmadinejad`s Holocaust comments are `irrelevant` Previous Editions Select Day 12 oct 10 oct 09 oct 08 oct 07 oct 06 oct 05 oct 03 oct 02 oct 01 oct 30 sep 29 sep

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