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Unemployment falls

January 20, 2010. Globes

The Central Bureau of Statistics reports that Israel's unemployment rate was 7.4% in November, compared with 7.5% in October.

In further positive economic news, the Bank of Israel's State of the Economy Index rose 0.4% in December. The index is an indicator of the direction of development of economic activity. For 2009 as a whole, the State of the Economy fell 1.2%, after rising in 2008.

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