Unemployment continues to decline: The unemployment in Israel fell to a low of 3.1% in April

Unemployment continues to decline: The basic level of unemployment in Israel fell to a low of 3.1% in April, which is 132.6 thousand unemployed, after in March the unemployment rate was 3.4% (145.3 thousand unemployed). However, the employment rate fell in April from 60.6% in March to 60.1%. This emerges from the data published by the Central Bureau of Statistics.
The extended unemployment rate, which includes employed persons who stopped working from March 2020 or were temporarily absent due to the corona, was 4.7% in April, so that here too there was a slight decrease from March, when the extended unemployment rate was 4.8%.
However, in examining the data by half a month, there was actually an increase in unemployment. In the first half of April, the basic unemployment rate was 2.9%, which is about 120,000 unemployed, and in the second half the rate rose to 3.6%, which is about 153,000 unemployed.
Although there seems to be an increase in the level of unemployment in the second half of April, the CBS notes that the semi-monthly measurement is less accurate, because it is intended to provide Bezeq data and is therefore based on only a small part of the monthly measurement sample. The semi-monthly.
In all, in April there were 6,837,700 people aged 15 and over who could work according to the international definition. 4,256,900, which is 62.3%, were included in the labor force (worked or were looking for work) and 2,580,800 men and women were not included in the labor force - a relatively high rate worldwide, mainly due to low employment rates of ultra-Orthodox men and Arab women.