As Growth of Israel's Labor Force Sputters, Government Warns of Long-term Economic Fallout

A dangerous cocktail of retiring baby boomers, aging immigrants from the former Soviet Union and shifting demographics is brewing, which bodes ill for Israel's economic future and for the state budget.

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The Israeli labor force growth is shrinking and as a result the economy's long-term growth is in danger, according to the Central Bureau of Statistics's recently updated long-term demographic forecast for the...