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Contrary to expectations, the number of people resigning in 2020, the first year of the corona crisis, rose by 60%. This is despite the severe unemployment crisis. Between 2014 and 2019, there was a steady increase in the rate of resignations from 12% to 16% of all job seekers. But these were mainly strong job seekers with high skills and academic occupations. However, during the Corona crisis, there was a large increase in the proportion of low-wage and unskilled resigners. This is what the employment service report shows. The service explains the phenomenon by guaranteeing the payment of...

OPC energy company is promoting the development of a power plant in West Virginia that supplied 1.8 gigawatts, for $3.5 billion. The station is powered by natural gas and incorporates technologies to capture and bury the carbon dioxide emitted by the station. The announcement of the project, which will be carried out through the American subsidiary CPV (70%), was made together with the Chairman of the Energy Committee in the Senate Joe Manchin from West Virginia, and the representative of the Governor of West Virginia. Giora Almogi, CEO of OPC, (-2.07% 4210), said that the establishment of...

The Arab and mixed cities continue to lead the list of cities with the highest rates of job seekers even in February. This emerges from data published today (Tuesday) by the Employment Service. Of the ten cities with the highest rate of job seekers in Israel, on the second anniversary of the Corona crisis, six are Arab, one mixed (Acre), and three more from the northern and southern periphery - Dimona, Safed and Tiberias. At the top of the list is Umm al-Fahm, which is the only city with a rate of job seekers higher than 10%, with a rate of 10.1% in February. It was followed by Rahat with...

The economic blow that Russia will suffer from the sanctions will cause sub-shocks, because the global economy is very integrated today. Even overseas vacations will increase as a result, due to rising prices for insurance, jet fuel, and a possible shortage of flights. We may be able to give up the neighborhood baker's cookie box after it becomes more expensive, The military - wherever we turn. Inflation is an economic phenomenon that has been almost completely absent from the world for three decades. Captivation is worrying - it erodes the value of money and income of employees....

After a long series of cuts in the startup companies and the unicorns, it is the turn of the public high-tech companies. The Fiverr company, which was considered one of the most successful Israeli IPOs of recent years, informed its employees of the layoff of 60 employees, half of them in Israel. Fiverr developed a platform to connect freelancers with organizations and enjoyed a tremendous boom during the Corona period which led to the recruitment of many employees to meet the load of demand

Cultural performances will resume immediately in open spaces. The complexes will be divided into capsules of up to 20 people in each group. Each performance will require prior approval from the Ministry of Health. This is the outline that was agreed upon on Sunday evening and presented at the end of a meeting of representatives of the cultural industry with Prime Minister Benjamin Netanyahu, Minister of Finance Israel Katz, Minister of Culture and Sports Hili Trooper and Minister of Health Yuli Edelstein. Simultaneously with this meeting, several hundred people from the cultural industry...

Prime Minister Naftali Bennett and Health Minister Nitzan Horowitz have decided to cancel the General Security Service's surveillance of the cell phones of Corona patients who are supposed to be in solitary confinement. Surveillance returned following the South African variant Omicron. Following the public criticism of the surveillance, five days after it was received, the Prime Minister and the Minister of Health decided to give up this surveillance tool. The statement said: "At midnight, emergency regulations approved by the government for the use of cellular surveillance by the General...

During the month of October, 25,402 jobseekers with disabilities were registered in the employment service, which constituted 9.1% among all jobseekers in that month. This emerges from a special report published by the Employment Service on the occasion of the International Day for the Rights of Persons with Disabilities, which took place on Friday. Although this is a relatively low rate for the proportion of people with disabilities among the general population since according to the CBS (as of 2020) 12% of those aged 20 and over have a severe functional disability and 29% of those aged...

The tax on fuel known as "blo" will be reduced by half a shekel, Finance Minister Avigdor Lieberman announced today (Tuesday), despite the opposition of professional ranks. The reduction will be made for the next quarter only, after which a reassessment will be made as to whether to continue the extension. The reduction will be implemented immediately and is subject to the approval of the Finance Committee

The Employment Service expects Israel to end 2020 with about half a million unemployed. The labor market will take many years to recover from the corona crisis and the phenomenon of prolonged unemployment is expected to expand. This was stated in a report published on Sunday by the Employment Service. The authors of the report warn of a number of dangers in the current government policy that includes only assisting the unemployed without encouraging their return to the labor market and states that the policy encourages the taking of unemployment benefits. The Employment Service estimates...