50
In October '21 there were over 142K open job vacancies.
Israel
Q4 2021
Total Labor Force (000s)
4,228
Employed Workers (000s) 4,016
Unemployed Workers (000s) 211
Unemployment Rate 5.0%
3.7%
3.3%
4.7%
5.4%
5.0%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
3.7%
3.3%
4.7%
5.4%
5.0%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
68% - First Vaccine Dose
(December 2021)
Covid Update
It was intended that a
Green Pass showing
vaccination status would
be required for entry to
non-essential shopping
outlets, but this has been
delayed.
8%
23%
17%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Israel Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$3,775
$5,215
$9.38
$0
$5
$10
$15
$0
$2,500
$5,000
$7,500
Average Wage Manufacturing
Wage
Minimum Wage
Israel Regional Average
142,768
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
2019-6 2019-12 2020-6 2020-12 2021-6
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
Hiring Demand Trend
www.cbs.gov
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
https://ec.europa.eu/eurostat
https://www.cbs.gov.il/en/
