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Israel's August unemployment rate falls to 6.1 percent

The unemployment rate in August fell from 6.8% in April
09.10.13 / 00:00
Israel's August unemployment rate falls to 6.1 percent
09.10.13
Israel's August unemployment rate falls to 6.1 percent

The Israel Central Bureau of Statistics (CBS) reported that unemployment rate in Israel decreased for the fourth consecutive month to 6.1% (226,000) in August of 2013, from 6.2% in July of 2013.

The unemployment rate fell from 6.8% in April to 6.1% in August - a 20-year low (under the Central Bureau of Statistics' new methodology). Israel unemployment rate averaged 8.11% from 1992 until 2013, reaching an all-time high of 11.4% in March of 1992 and a record low of 5.4% in December of 2011.

In Israel, the unemployment rate measures the number of people actively looking for a job as a percentage of the labor force.

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