RTTNews - Thursday, a report by Israel's Central Bureau of Statistics said the number of unemployed persons in the country rose 38% year-on-year in the April to June period, on a seasonally adjusted basis. Compared to the previous three months, the number of unemployed climbed 5.7%.
The total number of unemployed persons increased to 241,300 in the April to June period from 228,300 persons in the preceding three months. The jobless rate moved up to 8% from 7.6%.
Meanwhile, the number of employed persons decreased 0.5% year-on-year to 2.76 million. Compared to the previous three months, employment fell 0.4%.
During the same period, the labor force increased 1.8% on a yearly basis to 3 million. On a sequential basis, labor force was up 0.1%. However, the participation rate decreased to 56.5% from 56.7% in the January to March quarter.
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