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Category: Capital Market
As expected, due to the extension of the third closure by another 10 days so far, employers have increased their employees' time off. Data reported this morning (Sunday) by the Employment Service show that 5,560 new jobseekers were registered over the weekend. Since the beginning of the third closure, a total of 150,159 new job seekers have been registered, of whom 89,000 have been registered since the closure was tightened. The data also show that 121,291 jobseekers were taken on unpaid leave and their rate is about 80.8% of all new unemployed, while 28,868 of them were fired or resigned
Jan 24, 2021
Category: Capital Market
The Monetary Committee of the Bank of Israel decided today (Monday) to raise the interest rate in the economy by 0.4 percentage points, so that the interest rate in the economy will now rise from 0.35% to 0.75%. This is the second rise in interest rates in the economy after a previous rise in April. The relatively sharp rise, contrary to the forecasts of most economists for an increase to 0.6%, signals the intention of the Bank of Israel to fight more resolutely to moderate the rate of inflation in Israel. The last time the interest rate reached 0.75% was in July 2014, about eight years ago
May 23, 2022
Category: Health
The Manufacturers' Association issued a legal opinion on Monday evening to all employers affiliated with it, according to which the employer is allowed to force an employee to be vaccinated or tested on a daily basis, and even to expel an employee to the Knesset if he chooses not to do so. 'Specializing in labor law, may apply to about 400 thousand workers directly employed by industrialists from the association.
Feb 16, 2021
Category: Health
The number of patients in serious condition, which was stable last week, rose to 751 on Sunday evening. These are 45 more severe patients than the number at midnight. Data from the Ministry of Health show that there was an increase of 31 new critically ill patients who were not vaccinated, 12 who were vaccinated and two who were partially vaccinated. Simultaneously with the increase in the number of critically ill patients, there was an increase in the number of respirators, and their number tonight stands at 157. Meanwhile, at midnight, 4,234 Israelis were diagnosed as positive for...
Aug 29, 2021
Category: Health
The Ministry of Health has announced that it intends to bring further relief to the public. The lifting of more Corona restrictions will be brought to the government for approval. Among other things, the occupancy restrictions for places operating within the green label will be abolished, and conditions will be defined for activity and the introduction of food. Entry to attractions in enclosed buildings and activities in gyms and swimming pools will be possible even without vaccination, and will operate in accordance with the purple mark. The reliefs will take effect on May 6, next...
Apr 26, 2021
Category: Government
Half a year after declaring that "natural gas will wait", Energy Minister Karin Elharar instructed her office staff to prepare for the fourth competitive procedure for natural gas exploration in the State of Israel's economic waters. This was announced at a press conference held on Monday at the Ministry of Energy. The Minister noted that the new directive stems from the war in Ukraine and its effects on the supply of natural gas to the European continent. She updated that she instructed the director of her office, Lior Shilat, to launch the fourth competitive procedure for exploring...
May 30, 2022
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