
Israeli Job Market Was Bouncing Back From First Lockdown as New One Declared
This time around, more workers are going to be outright fired and more businesses are going to collapse, retail executives say
This time around, more workers are going to be outright fired and more businesses are going to collapse, retail executives say
Plan would compensate businesses that do not put their workers on unpaid leave ■ To date, some 1.8 billion shekels has been paid out to employers who took workers back after putting them on unpaid leave
Broad unemployment measure dropped to 9.8% in August from 10.3% in July
A court ruled in July that employers should not have to cover the growing cost, but the question of who will remains unsettled
Survey of 400 Israeli businesses shows only 12 percent expected to step up hiring in final quarter
Workers living in the periphery or with lower incomes have fewer opportunities, face more obstacles
Companies that are hiring during the pandemic prefer older, experienced workers, survey finds
Labor market is recovering slowly and extended benefits have created disincentives for people to seek work. But government has no policies to cope
Instead of incentivizing people to join labor market, the state is paying benefits while raising the number of migrant workers by 16,000
People who lost jobs during the pandemic are like those who lost jobs in 2019, data presented to the government shows
The justices decide that isolation is not tantamount to an illness, but employers will have still have to cover such costs through September
Israeli experts lay out their plans for coping with the labor market crisis
Israelis under the age of 28 will get the same unemployment benefits as everyone else, but, in an apparent sop to Haredim, only if they have children
Herzliya Pituah’s Shenkar Street is normally a hive of eating, shopping and schmoozing. Then the coronavirus came and the offices emptied out, damaging businesses that rely on worker clientele badly
It’s not just bad planning and bureaucracy, but the failure of officials to adapt to the new reality of a long-term crisis
The world economy is in its worst state in decades and joblessness is here to stay. A depression isn’t out of the question
Benefits also extended for employers age 67 and up who won’t be returning to work
Unpaid leave and work at home disrupted childcare, housekeeping norms. Many say it may mark the start of a new era
Finance Ministry officials are hesitant to extend unemployment payments, fearing that it will become too worthwhile for people to stay jobless
Manpower survey shows manufacturers see job cuts of 17%; finance, business services, restaurants, hotels 11% to 16%, construction 9%; retail, wholesale 5%
Figures point to harder hit for female workers regardless of their field, further deepening existing gender gaps
The ultra-Orthodox community, nearly half of which lives in poverty, has been among those most hurt by the economic shutdown
Struggling in the post-virus economy, employers are making employees share the burden
Bank of Israel says downturn for all of 2020 will be milder than its previous forecast but sees coronavirus impact lingering into 2021
According to the Finance Ministry plan, the headquarters of smaller ministries will be unified to cut costs
Many struggle with debts run up during the lockdown. State aid has been slow to come
Growth in applications for benefits slows but is seven times the pre-pandemic rate
The goal is to pay their expenses for the month and a half of no revenues, and the government is only expected to go after the real criminals
Those laid off or put on unpaid leave earn on average one-third less than Israel’s average wage according to chief economist
It’s against the law, but many of the 880,000 Israelis receiving unemployment benefits are still doing their jobs remotely