Welcome to your guide to the Israel job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Israel.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 8,655,541 residents |
| Employment rate | 61.5% |
| Unemployment rate | 3.5%Low unemployment – employers often compete for skilled staff. |
With an unemployment rate of 3.5%, Israel has a tight labor market. Skilled professionals are usually in demand.
Living & working in Israel: salaries and cost of living
Before relocating or applying for jobs in Israel, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 2,658 USD | 59% of the U.S. averagemoderately lower |
| Purchasing power | 74.5 | weaker (U.S. = 100) |
With a purchasing power index of 74.5, the average monthly salary of 2,658 USD supports a budget-conscious lifestyle in Israel. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in IL
| Leading industry | Agriculture, Technology |
| Growth sector | Manufacturing |
| Service sector | Technology, Services |
| Major employers | Teva Pharmaceutical, Israel Electric Corporation, Bank Hapoalim |
Job seekers will usually find the most openings in Agriculture, Technology, while Manufacturing offers growth potential.
Working in Israel – FAQ
What's the employment situation in Israel?
Israel has a population of about 8,655,541. The employment rate is 61.5%. The unemployment rate currently stands at 3.5%.
Which are the top companies in Israel?
Large employers in Israel include Teva Pharmaceutical, Israel Electric Corporation, Bank Hapoalim.
How far does a salary go in Israel?
The purchasing power index for Israel is 74.5 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Israel?
Browse the latest international openings on Cityjobs and filter by country or remote work. Employers post directly, and you apply with the employer.
Which industries matter most in Israel?
Agriculture, Technology is the leading industry, while Manufacturing is an important growth sector, alongside Technology, Services.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database
