Unemployment has reached 18.6% with over 600,000 newly unemployed people now looking for work amid the coronavirus crisis, the Israeli Employment Bureau reports.
Over 31,000 people registered as job-seekers over the last day, a slight drop from the 38,000-plus who registered a day earlier.
A man wearing protective clothes in downtown Jerusalem on March 20, 2020. (Nati Shohat/Flash90)
In total, 615,834 Israelis registered as out of work since the beginning of March, with 91 percent of them saying they have been placed on unpaid leave, according to the bureau.
The bureau expects the number to reach 1 million by Passover in early April, according to Army Radio.
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you, David Horovitz, Founding Editor of The Times of Israel