Unemployment rates in Israel remained low in October at just 3%, seasonally adjusted, unchanged from September, according to Central Bureau of Statistics reports. The labor force participation rate remained unchanged in October at 60.9%.
The number of job openings in October was 149,000, up from September, and not much lower than the peak of job openings in mid-2022. The labor market is tight and strong, as evidenced by strong third-quarter GDP growth data, published yesterday, which will make it difficult to cut interest rates.
Related articles
The Israeli economy grew by 12.4% in the third quarter
This month’s unemployment report also included a comparison with the situation on the eve of the war, in September 2023, as well as with the situation two years ago, in September 2021. In 2021, the number of job openings reached 139,000, falling with the economic slowdown to only 115,000 in 2023. However, as of October 2025, this rate has jumped again to nearly 150,000 jobs.
This strength can also be observed in the “Information and Communications” sector (mainly high-tech), where the number of vacancies fell from 18,400 in 2021 to only 10,400 in 2023, but since then there has been some recovery to 13,800 vacancies. There are not as many job openings as there were at the height of the tech boom in 2021, but they are stronger than on the eve of the war. The absolute number of workers in this sector rose to 260,000, compared to 213,000 in 2021 and 249,000 in 2023. All this, despite the fact that last month witnessed a slight decrease of 2% in vacant positions for software developers.
In the construction sector, which suffers from a severe shortage of workers, there has been a significant and continuous increase in the number of vacant jobs, from 11,400 in 2021, to 13,900 in 2023, and currently 18,600 vacant positions. This is despite the fact that the absolute number of jobs has continued to rise and is currently 216,000.
Published by Globes, Israel Business News – en.globes.co.il – on November 17, 2025.
© Copyright Globes Publisher Itonut (1983) Ltd., 2025.
The post Unemployment in Israel remains very low first appeared on Investorempires.com.
