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On Thursday, Prime Minister Yair Lapid will bring to the government's approval a horizontal cut in the state budget for 2023, in order to finance the salary agreement with the Teachers' Union - after it became clear that the agreement was illegal. The agreement was signed without finding a budgetary source to finance it, at a cost of NIS 4.5 billion per year

The unemployment rate decreased slightly in September, along with the typical decrease for the summer months and holidays in the employed rate. However, relative stability has recently been maintained in the field of unemployment in Israel and it continues to be low to a similar extent as it was on the eve of the Corona crisis. The data of the Central Bureau of Statistics (CBS) published on Monday shows that the basic unemployment rate in Israel, according to international definitions, reached 3.9% in September, which is 172.8 thousand unemployed - about 7,200 less than in August, when the...

The Orcam company founded by Amnon Shashua and Ziv Aviram is laying off 62 employees, most of them in Israel. The company, which was founded in 2010, distributed hearing letters before layoffs to 62 employees, who make up 16% of the company in Israel. The company did not respond. Recently, the company underwent a significant change when Amnon Shashua, one of the founders of the company, stepped down from the position of CEO and transferred the position to Elad Zarfati, who worked with him at Mobilay. Zarfati led a significant reorganization plan as part of a response to changes in world...

Five election campaigns in less than four years cost us a lot of money, when all the expenses and damages to the economy in one election campaign are estimated at three billion shekels, including the cost of the Sabbath day and the damage to economic growth. Today (Sunday) the Finance Committee approved the budget proposal of the Central Election Committee for the elections to the 25th Knesset, which this time will amount to approximately NIS 538 million

The representatives of the state and the teachers' union signed the new employment agreement with the teachers' union on the night between Wednesday and Thursday, which will include, among other things, an increase in teachers' salaries already now and a change in the vacation schedule starting next year

Three residents of the north gave sensitive information to Hamas in Turkey - and planned to damage the operation of the Cellcom network during a war or a military operation. This is according to the indictment submitted at noon (Thursday) by the Cyber ​​Department of the State Attorney's Office at the end of an investigation by the Shin Bet. According to the indictment, R. A., one of the accused, has been working since 2004 at Cellcom as a software engineer - a position in which he received very broad access privileges for computer systems and information systems in the company. Another...

The food chains are preparing to raise prices as early as next week. The price index of Stornext, which increased in the first 9 months of this year by 4.4% compared to the same period last year, is expected to jump in the next update, in view of the demand of various suppliers, including Sano, Unilever, Terra, Gad Dairies and Diplomat Company, to raise the prices of their products at a rate that reaches up to 25%

The problem of overcrowding and the rate of population growth in Israel is one of the fundamental problems discussed in recent years and is a real challenge for education, transportation, housing, and other systems. Another significant challenge of the increase in the population and its accelerated aging is imposed on the health system - which must continue to provide the public with medical services of a high level, with reasonable availability and accessibility at the very least. A new OECD report illustrates the magnitude of the challenge or, in less subtle words, the major crisis that...

Four months after Yitzchak Abarkhan returned to Shufersal, this time as chairman, and led to the appointment of Uri Waterman as CEO of the company, in the coming weeks the two intend to lead an aggressive streamlining program for the company. Restoring the operating profitability of the food stores to a level of 3.5%-4% will require a cut of NIS 250-300 million per year in the company's operating expenses in view of the erosion of its market share