Bank of Israel - Main Israeli economic data

Main Israeli economic data

Report production time: 03-Sep-2008, 09:18:26

BANK OF ISRAEL - RESEARCH DEPARTMENT

MAIN ISRAELI ECONOMIC DATA

EMPLOYMENT AND WAGES

G-4: UNEMPLOYMENT (Based on Labor Force Surveys)

	Unemployment rate		Thereof:			Unemployed	Thereof, percent:
	Unadjusted	Seasonally adjusted	Male	Female	Immigrants¹	Total (thousands, seasonally adjusted)	Work-seekers through the employment service	Work-seekers for 27 weeks or more¹	Unemployed for 12 previous months
	1	2	3	4	5	6	7	8	9
Monthly average²
2005	9.0	9.0	8.6	9.5	8.5	246.4	47.4	39.4	50.0
2006	8.4	8.4	7.9	9.0	7.2	236.1	43.4	40.0	49.8
2007	7.3	7.3	6.8	7.9	6.3	211.8	43.3	35.9	49.9
2008	5.8	5.8	5.6	6.1	4.9	170.0	50.4	35.1	52.5
Quarterly data
2006:4	8.1	7.8	7.1	8.6	6.9	220.9	48.3	36.7	43.1
2007:1	7.3	7.8	7.2	8.4	6.5	222.8	49.3	42.1	41.5
2007:2	7.4	7.6	7.0	8.3	6.0	219.9	46.2	36.2	43.9
2007:3	7.6	7.2	6.7	7.8	6.7	210.3	48.8	33.8	44.0
2007:4	7.0	6.7	6.2	7.2	6.0	194.5	48.9	31.4	45.8
2008:1	5.9	6.2	5.9	6.7	5.0	183.3	46.9	34.0	48.0
2008:2	5.7	5.9	5.7	6.2	4.9	174.3		36.2	48.6
Annual rate of change (year - on - year)
2004						-0.7	-5.4	12.2	0.2
2005						-11.3	3.3	-3.6	0.3
2006						-4.2	-8.4	1.4	-0.5
2007						-10.3	-0.1	-10.3	0.3
Over equivalent period in preceding year³
2008:1						-17.6	12.6	-19.2	6.6
2008:2						-19.6	20.1	-10.4	7.2
Quarter-on-quarter⁴
2007:3						-4.4	5.6	-6.8	0.3
2007:4						-7.5	0.1	-7.1	3.9
2008:1						-5.8	-4.2	8.4	4.9
2008:2						-4.9		6.4	1.2

Notes to table:

(1) Data in columns 5 and 8 are not seasonally adjusted.

(2) Due to a change in the inflation coefficients, data from before 2001 are chained in order the previous rates of change are maintained

(3) Based on original cumulative date to current work quater vis-a-vis equivalent period in preceding year.

(4) Based on seasonlly adjusted date.

SOURCE: Central Bureau of Statistics, Bank of Israel computations.

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