Unemployment rate hits 13-year low in 2008 first fiscal quarter
CBS figures show rate dropped by 0.4% to 6.3%; bigeest rise felt among graduates, business executives.
The unemployment rate has dropped to a 13-year low in the first fiscal quarter of 2008, Central Bureau of Statistics figures revealed on Wednesday.
Since the beginning of the fiscal year, unemployment has dropped by 0.4% to 6.3% of the workforce.
The number of employees in total has risen by 4.3%, comparing to the first quarter of 2007. 58.6% of all men are employed, as opposed to a mere 47.8% of women.
The most dramatic rise in the number of employees, 5.6%, was among university graduates, followed by 5.5% among business executives.
With 4.9%, the lowest unemployment rate was registered in central Israel, as opposed to 7.3% in the south.