Unemployment rate in Israel decreases to 3%

According to data from the Central Bureau of Statistics (CBS), Israel's unemployment rate fell by 0.3% in June 2024, reaching 3%, which translates to 137,500 unemployed individuals.

The extended unemployment rate, which includes those who lost their jobs in the past two years and have not found new employment, stands at 4.8%, a decrease of 0.5% compared to May.

The employment rate increased by 0.2%, rising from 60.8% to 61%.