Number of jobseekers continues to drop
Jobseeker numbers continue to drop. 208,142 jobseekers applied to the Israel National Employment Service in March 2010, down from 213,262 in February and 229,500 in March 2009.
In seasonally-adjusted terms, the number of jobseekers fell 1% to 211,971 in March from 214,027 in February. The number of jobseekers with academic degrees, excluding recipients of income support, fell 4.1%, and the number of jobseekers without academic degrees, excluding recipients of income support, fell 2.4%.
12,556 persons lost their jobs in March, down from 12,933 persons in February. 6,181 of the laid-off employees were women and 6,375 were men. As in previous months, the largest group of laid-off employees was aged 25-34, of whom 5,352 lost their jobs.
There was also improvement in the number of requests for new employees. The Employment Service registered 26,000 job offers in March, up from 24,200 in March 2009.
Employment Service director general Yossi Farhi said, "The downward trend in the number of unemployed has continued steadily for nine months. We can therefore say that the labor market has stabilized, even though the unemployment rate in March was 15% higher than on the eve of the outbreak of the economic crisis."
The number of unemployed fell 0.5% to 197,600 in March, in trend figures, from 198,500 in February.
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