Unemployment figures reveal: Did Lieberman’s recovery model succeed?

After completing the application outline: The unemployment rate in the second half of June was 8.8%, the CBS announced today (Monday) in a press release. This is a decrease in the unemployment rate, since in the first half of June the percentage was 9.5%.

The unemployment rate consists of three groups. The first, “Unemployed” – persons aged 15 and over who did not work even one hour a week, actively sought work in the four weeks prior to the interview and were available for work in the determining week.

the second “Employed persons who are temporarily absent from work for Corona-related reasons” – persons aged 15 and over who are temporarily absent from work all week due to a reduction in workload

The third, “Non-participants in the labor force who stopped working due to dismissal or closure of the workplace from March 2020” – persons aged 15 and over who did not work in the determining week, and have not been absent for the entire determining week and did not actively seek work in the 4 weeks prior to the survey interview. .

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The CBS added that the overall employment rate has risen since the beginning of May, standing at 59.4% (58.0% in the second half of May 2021).

As will be recalled, Finance Minister Avigdor Lieberman announced that the Knesset outline (unpaid leave) will be completed on the scheduled date, the end of June, and the plenum of the Knesset approved the Knesset Law on second and third reading.

Employment Bureau (Photo: Jonathan Zindel Flash 90)

The amendment to the law stipulates that in view of the fact that some unemployed people have difficulty accumulating a sufficient period of training to receive unemployment benefits, a person who was terminated from July to September 2021 will need only six months of qualification, out of the last 18 months, instead of 12 months. Will be entitled to half of the unemployment days prescribed by law for a person in the same marital status, who has accumulated a full qualifying period.

In addition, a person who has reached the age of 45 and has been paid unemployment benefits during the corona period will be entitled to additional unemployment days numbering half the unemployment days to which he was entitled under the original law and which he exercised during the period of dealing with the corona virus.

Source: Maariv.co.il – כלכלה בארץ by www.maariv.co.il.

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