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Last update - 19:39 16/09/2009
Number of Israelis on unemployment benefits jumped 37% in 2009
By Haaretz Service
Tags: Israel News, Israel economy 

The number of Israelis receiving unemployment benefits rose by 37 percent in 2009, according to a report released by the National Insurance Institute (NII) on Wednesday released a report.

According to the report, over the past year there was an average of 80,000 Israelis receiving monthly unemployment benefits, as opposed to 60,000 last year.

The rise is linked to the global economic crisis and the rapid growth of newly fired people that came as a result.
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The monthly stipends total NIS 2.3 billion, in contrast to NIS 1.87 billion last year, the report found. The numbers represent an increase of 22.5 percent over last year.

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