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Job Market Overview: Employment Statistics in Israel
Understanding Israel's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 8.655.541 residents |
| Employment Rate | 61.5% (below OECD average) |
| Unemployment Rate | 3.47% (very competitive market) |
| Workforce Size | 5.323.158 active workers |
These Israel employment statistics reveal a tight labor market where candidates should highlight specialized skills. The 61.5% employment rate suggests moderate job availability across sectors.
Living & Working in Israel: Economic Insights
Before relocating or applying for jobs in Israel, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 2.658,05 USD | 59% of U.S. average (moderately lower) |
| Purchasing Power | 74.5 | moderate compared to U.S. (100) |
With 74.5 purchasing power, salaries in Israel provide adequate but budget-conscious lifestyles. The average monthly salary of 2.658,05 USD is particularly attractive in the Agriculture, Technology sector.
Top Industries & Job Opportunities in IL
Israel's thriving job market spans these key sectors:
| Leading Industry | Agriculture, Technology (growing at 5% annually) |
| Emerging Sector | Manufacturing (25% of workforce) |
| Service Sector | Technology, Services (60% of GDP) |
| Major Employers | Teva Pharmaceutical, Israel Electric Corporation, Bank Hapoalim (hiring year-round) |
Job seekers should focus on Agriculture, Technology for the most opportunities, while Manufacturing offers growth potential. Major companies like Teva Pharmaceutical, Israel Electric Corporation, Bank Hapoalim frequently post openings for skilled professionals.
CityJobs bridges the gap between job seekers and employers in Israel, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Israel?
With a population of 8,655,541 and an employment rate of 61.5%, Israel offers a competitive job market. The unemployment rate currently stands at 3.47%.
2. Which are the top companies in Israel?
The leading employers in Israel include Teva Pharmaceutical, Israel Electric Corporation, Bank Hapoalim. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Israel?
The purchasing power ratio in Israel is 74.5, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Israel?
Search our listings filtered for Israel. Focus on industries where Teva Pharmaceutical, Israel Electric Corporation, Bank Hapoalim are active, and consider that the 61.5% employment rate suggests moderate competition for positions.
5. What should I know about working in Israel?
With Teva Pharmaceutical, Israel Electric Corporation, Bank Hapoalim as major employers, the job market tends to favor Manufacturing and Technology, Services.
