Posted 2/18/2024, 8:40:22 AM
Job Vacancies in Israel Surge in January, Signaling Labor Market Recovery
- Number of job vacancies in Israel grew sharply to 126,367 in January 2024, up from 107,554 in December
- Represents first time ratio of vacancies to employed people rose above 4 since April 2023
- Indicates potential recovery in labor market disrupted by war
- Sharpest rise in vacancies in food/hospitality and domestic help sectors
- Vacancies increased less for engineers and technicians compared to service sectors
