OECD Predicts Israel's Unemployment to Drop, but Central Bank Disagrees

OECD reports Israel’s unemployment rate will drop from 6.9% to 6.5% by end of 2014, while Bank of Israel projects it will average 7.2% next year.

A new OECD report predicts that Israel’s unemployment rate will drop to 6.5% by the fourth quarter of 2014, down from 6.9% today. This is contrary to...