Unemployment figures show: employment rate returned to pre-Corona crisis

by time news

Despite the decline in the unemployment rate, many business owners, mainly in the restaurant and trade sector, claim that they are unable to recruit workers • In the second half of December, the unemployment rate fell to 3.9% and the net wage fell by 0.1%

Data from the Central Bureau of Statistics published today (Monday) show that the decline in the unemployment rate in the economy continues. According to the data, the employment rate reached its pre-Corona crisis level. This is despite the fact that many workers are still needed in the labor market.

In the second half of December, the unemployment rate fell to 3.9%, which is 165,000 unemployed, compared with 4.5% in the first two weeks of December. The average unemployment rate during December was 4.1%, compared with 4.6% in November.

Despite the numerical decline in the unemployment rate, in the field many business owners, especially in the areas of restaurants and commerce, are still lamenting that they are unable to recruit workers – a phenomenon that worsened during the IDF period. Of all time.

According to the data, last month the number of net wage earners was 3.652 million, a figure 0.4% higher than in March 2020, on the eve of the corona crisis and its effects on the Israeli economy. During this period, the number of salary recipients was 3.650 million.

The data on the net salary of Masab (Bank Clearing Center. AT) shows that in December 2021 employment in the Israeli economy reached a new peak and for the first time since the outbreak of the corona crisis, the number of net wage earners was higher than in March 2020, before the corona crisis.

A summary of 2021 shows that the employment market has been able to recover from the corona crisis in the past year, when the number of wage earners and the volume of wage payments were higher than in 2019.

The company’s data also show that the average net wage paid in the economy for December was NIS 7,339.73. This figure is a decrease of 0.1% compared to the average salary in December 2020, which was NIS 7,353.85. The average net salary for March 2020 was NIS 6971.11.

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