The number of unemployed people fell to 195,700. It is the first time the rate has fallen below the 7% level and
The Central Bureau of Statistics announced last week that Israel's unemployment fell to a seasonally adjusted 6.7% in Q4/07, compared with 7.2% in the preceding quarter and 7.8% in Q4/06.
This is the lowest rate of unemployment in Israel since the early 1990s and the first time it has fallen below the 7% level.
Based on seasonally adjusted statistics, the number of unemployed people fell to 195,700, compared with 210,300 in the preceding quarter and a record 248,400 in the corresponding quarter in 2005.
The number of unemployed has fallen by 53,000 in two years and by 15,000 per quarter.
Israel’s Unemployment Lowest Since 1990S
The number of unemployed people fell to 195,700. It is the first time the rate has fallen below the 7% level and
28.04.08 / 00:00
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