Unemployment

Israel's unemployment rate rose to 3.3% in July, with the broad rate reaching 4.4%. The increase is largely attributed to seasonal layoffs of education personnel during the summer break.

Mass youth protests in New Delhi have highlighted the severe labor market crisis in India. With youth unemployment at 16%, university graduates are struggling to find work that matches their educational qualifications.

The number of job seekers who are software developers and application analysts has risen over the last two months by 9%, from 7,950 in May to 8,650 in July, according to the Employment Service.

Employment Service data for July: the number of job seekers rose by about 4.6 thousand to about 173.5 thousand - but the increase is mostly explained by the seasonal phenomenon of "summer layoffs", mainly education workers, women, and the Haredi society. At the same time, the trend of job seekers actually continued to decline and the demand for workers strengthened: about 150 thousand job...

A new employment report reveals that the number of job seekers reached 173.5 thousand, driven by seasonal layoffs in the education sector. Meanwhile, there is an increase in the share of academics and those from high socio-economic clusters.

A paradox is shaking the US economy: while the labor market has lost jobs, the unemployment rate has fallen. The explanation lies in the number of Americans who have simply stopped looking for work.

The probability of a Federal Reserve interest rate hike in September has fallen to 43.9% following weak July employment data. The number of jobs decreased by 23,000, against an expected gain of 83,000.

Currency markets remain stable ahead of the US July employment report. The dollar is trading at 3.01 shekels as investors look for signals regarding future Fed policy.

The penetration of AI is pushing workers aged 50 and over out of the labor market with no way back. The state refuses to invest in appropriate training and will pay dearly in unemployment benefits and lost tax revenue.

A conversation with Dr. Roi Cesana, a futurist and AI researcher at Tel Aviv University. We discuss which sectors will be most affected by the AI revolution, the alternatives, and the real possibility that we will prefer robots to humans.

Large-scale protests in India, led by the satirical "People's Cockroach Party," have achieved a major victory as Education Minister Dharmendra Pradhan resigned. The movement was sparked by a massive exam leak scandal that affected two million students and led to several suicides.