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The variety of job vacancies in Israel fell from 135,300 in February 2023 to 130,898 in March 2023, the Central Bureau of Statistics experiences. That is the bottom determine since April 2021.
The downward pattern comes after the variety of job vacancies rose throughout 2021 and the primary half of 2022, peaking at greater than 150,000 in the course of final 12 months. Nonetheless, the present variety of job vacancies is larger than in 2019 when the determine stood at 100,000.
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The substantial fall in job vacancies is because of the international financial slowdown which features a dramatic rise in rates of interest over the previous 12 months, which has weighed on a decent job market, one of many essential causes for the rise in inflation.
The proportion of job vacancies in contrast with the general variety of individuals in work can also be declining. In March there have been 4.17 jobs per 1,000 staff in contrast with 4.27 in February. In response to the Central Bureau of Statistics, “This estimate displays a fall of 18% within the price of job vacancies in contrast with March 2022, when the determine was 5.05.” These figures are primarily based on a survey of companies with 5 or extra staff.
The best variety of job vacancies is for gross sales workers, the place there was a dramatic shortfall because the Covid pandemic. On this sector there was a median of 11,468 job vacancies between January and March.
10% of Israel’s workforce totaling 370,000 staff, works within the tech business, though the variety of job vacancies for software program builders fell 3% in March to six,138 from the December 2022 to February 2023 common. This quantity peaked at 13,720 between January and March 2022.
Printed by Globes, Israel enterprise information – en.globes.co.il – on April 23, 2023.
© Copyright of Globes Writer Itonut (1983) Ltd., 2023.
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