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Unemployment in Israel drops significantly in November

A man queues at the entrance of the National Insurance Institute branch in downtown Jerusalem on September 21, 2020. (Nati Shohat/Flash90)
A man queues at the entrance of the National Insurance Institute branch in downtown Jerusalem on September 21, 2020. (Nati Shohat/Flash90)

Unemployment rates in Israel dropped significantly in the month of November, according to new statistics released by the Central Bureau of Statistics.

In November, about 4.5% of people in the workforce were unemployed, approximately 202,000 individuals. In the second half of October, that figure stood at 5.6%, which is around 232,000 people.

Despite the drop, unemployment is still higher than it was before the COVID-19 pandemic hit, when it stood at just 3.8%.

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