Sunday, May 27, 2007

Israel Quarterly Jobless Rate Declines to 7.7 Percent; Lowest Since 1977

(Bloomberg) -- Israel's unemployment rate fell to a
seasonally adjusted 7.7 percent in the first quarter, from 7.8
percent in the fourth quarter, the Central Bureau of Statistics
said in an e-mailed report today.

The first-quarter jobless rate is the lowest since the
second quarter of 1997, the Jerusalem-based bureau's figures
show. The unemployment rate has fallen from a peak of 10.9
percent at the beginning of 2004.


Read more at Bloomberg Emerging Markets News

No comments: