return to routine? Ratio between those fired and those returned to work - has decreased

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by Ifi Reporter Category:Government Feb 4, 2021

Data from the Employment Service published on Thursday show that already this week the ratio between those fired and those going on vacation without pay and those who have already returned has decreased. Thus, in the fourth week of quarantine for every ten registrants in the employment service, 1.3 job seekers returned to the labor force, while in the fifth week, the ratio almost doubled, with every 2.3 registrants returning to work 2.3 job seekers. Either way, it seems that the trend will be reversed as early as next week and more workers will return to work than go on vacation and be fired.
 The Employment Service reported that 173,474 new jobseekers have joined the unemployment cycle since the start of the closure, 113,548 since the closure was tightened, and 2,119 in the last day - 50% of whom are not in unemployment but have remained without an employer. That they are 39,176, are those who were left without an employer - those who were fired, those who resigned and those who were left without an employer for other reasons.
An in-depth analysis conducted by Dr. Gal Zohar, Director of the Employment Service's Research and Policy Department, on the employment data for the fifth week of the closure, which began on January 24, reveals two main trends: a consistent decline in the number of new enrollees and a change in the enrollment mix. For unpaid leave alongside a significant increase in the rate of layoffs, which was set to close at 18% in the fifth week compared to 15.4% in the week before.
"The decline in the number of registrants along with the increase in the ratio of returnees indicates that the economy is showing signs of recovery and returning to routine. R. Zohar.
While the average number of weekly registrants in the first four weeks of the closure was 37,737, the number of registrants in the fifth week was 13,017, which is 34.5% of the average number of registrants in the four weeks preceding it.
According to Dr. Zohar, the third closure acts as two separate closures - before tightening the restrictions (27.12.20-7.1.21) and since tightening the restrictions (8.1.21 so far), with one of the salient features of the third closure being the high number of registrants in the first week of Each of the parts of closure and consistently decreases from week to week as one moves away from the beginning.
For example, in the first week of the first part of the closure 44,702 job seekers were registered while in the second week 29,779 and in the third week, which is the first week of the closure since the restrictions were tightened, 57,307 job seekers were registered and in the following weeks there was a consistent decrease to 19,136 and 13,017 in the fourth and fifth weeks. The second and third weeks of Part B of the closure), respectively.
The nature of the dismissal rate can also be seen in the trends of the third closure as two separate closures - in the first week of closure, the rate of dismissals was 12% and in the second week their rate rose to 13%. In the third week, when the closure was tightened, the education system closed and in fact the second part of the closure began, the rate of layoffs dropped to 6.1%, while in the following two weeks (fourth and fifth from the beginning of the closure, and second and third in the second part) Respectively.
In the last week, the economy has shown signs of returning to a growing routine, segmenting the ratio of returnees by age groups. Thus, the ratio of returnees aged 34-55, the most important age group in the labor market, is 0.57 - for every 10 registrants in this age group 5.7 return to work, 2.5 times the general average. In contrast, among young people (up to 34) the ratio is 0.211, lower than average, a figure that is explained by the fact that many young people work in the sales, services, teaching, education and training industries, and as long as the restrictions on these industries have not been removed, their return rates are lower.
In addition, a gender segmentation shows that the rate of recurring registrations of women (0.197) is significantly lower than that of men (0.267) and, compared with Jews and Arabs, this ratio of Jews (0.25) is twice as high as that of Arabs (0.139). Geographically, the return ratio in Haifa (0.274), in Tel Aviv (0.267), in the south (0.267) and in the center (0.228) is significantly higher than in Jerusalem (0.154) and in the north (0.203), which are also lower than the general average (0.23).
Segmenting the return ratio by occupation, shows that the highest ratio was recorded in academic occupations (0.425, we were 4.25 returning to work for every 10 registrants), clerks and office workers (0.362 - one circular versus three registrants) and practical engineers and technicians (0.314). On the other hand, as expected, the return ratio of sales and service employees is lower than average and stands at 0.166, given that this industry is still closed. However, it should be noted that they are not much further from the average re-enrollment ratio (0.23), which may again indicate signs of a return to the economy's routine. 
 

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