Articles by January, 2023

The number of people employed in the economy in December 2022 reached 4.25 million - an increase of about 40 thousand jobs compared to November of the same year. Although there was a slight increase in December in the unemployment rate to 4.3%, it was mainly caused by the effect of the increase in the participation rate in the labor market. The data were published today (Monday) by the Central Bureau of Statistics

Intel is stopping the construction of the new campus in Haifa, which it announced almost two years ago. According to the company, which in recent months has embarked on a process of cutbacks that has also been reflected in layoffs in Israel, the decision to cancel the establishment of the campus resulted from tests they conducted and according to which the existing offices will be sufficient for employees employed in Haifa. This means that, of course, no new employees will be recruited in the near future. Intel Israel employs about 12,000 people and is the largest private employer in...

According to the data of the Central Bureau of Statistics (CBS) published on Tuesday, last December there were approximately 141,543 vacancies in the economy - similar to November. But in the high-tech sector the decline continued, when the average in October-December was 11,468 vacancies for engineers, of which 7,282 Software developers - a drop of 8% compared to the September-November average and a drop of about 35% compared to the numbers a year ago which were 16,899 engineers, of which 13,280 were software developers

The High Court of Justice has ruled that Minister Aryeh Deri cannot serve as a minister in the Israeli government. The verdict in his case was received by a majority of 10 judges from the 11-panel judges of the Supreme Court. The verdict in Deri's case, eight 134 pages, was published at noon. 10 Supreme Court Justices expressed support for Deri's disqualification from serving as minister, including those considered conservatives such as David Mintz and Alex Stein. Another judge, Yosef Elron, was the only one who was in a minority opinion. According to the judges, Deri's appointment as...

The Accountant General at the Ministry of Finance, CPA Yali Rotenberg, published the first estimate of the debt-to-GDP ratio for 2022, according to which the public debt-to-GDP ratio for last year decreased by 7.1% and amounted to only 60.9% compared to 68% in 2021. Meaning: this is still At a slightly higher rate than it was before the coronavirus in 2019, but still at the largest-ever decrease in state debt in one year

The governor of the Bank of Israel, Prof. Amir Yaron, expressed great concern to Prime Minister Benjamin Netanyahu this evening (Tuesday) after returning from the International Monetary Fund conference in Davos.legal reform The Governor told the Prime Minister that the economic world is following with great concern the developments in Israel, including the legal reform, which may harm various aspects of democracy. The governor joined the warnings against harming the credit rating and keeping international companies away from investing in Israel.

The founder and CEO of the high-tech company Papaya Global, Einat Gaz, announced this morning (Thursday) that she has decided to take all of the company's money out of Israel following the promotion of the legal reform. "There is no certainty that we can conduct international economic activity from Israel, this is a painful but necessary business step." . According to Gaz: "Following Prime Minister Netanyahu's statements that he is determined to pass reforms that will harm democracy and the economy, we made a business decision at Papaya Global to withdraw all of the company's funds from...

At least seven people were murdered and three others were seriously and moderately injured this evening (Friday) in a shooting attack near a synagogue in the Neve Yaakov neighborhood in Jerusalem and in other locations in the area. The MDA initially reported that there were apparently around 10 casualties, and later announced the death of seven of them. This is the deadliest attack since 2011

The demonstrations against the legal revolution led by Prime Minister Benjamin Netanyahu and Justice Minister Yariv Levin continued this evening (Saturday) in the shadow of the attacks that took place during Shabbat in Jerusalem. About 40,000 people came to the centers of the demonstrations in Tel Aviv, in Haifa about 13,000 participated in one of the largest demonstrations ever held in the city, and large demonstrations were also held in a number of other cities

The price of fuel will rise to NIS 7.17 per liter in self-service in February, starting at midnight between Tuesday and Wednesday. This is a jump of 33 shekels per liter compared to its current price, and this is the highest price per liter since July 2022, when it was NIS 8.08 per liter, before the fuel tax was reduced by a whole shekel by the previous government. As of today, the tax reduction on fuel is only 13 cents.