The repercussions of the war raises unemployment in Israel to record levels
Unemployment rates in Israel recorded a significant increase during last June amid the economic repercussions of the continuous war on the Gaza Strip, and the 12 -day war against Iran, where the general unemployment rate increased to 9.4% compared to 3.4% in May, according to the data of the Central Office of the Israeli Statistics today, Monday. Military .. On the other hand, the expanded rate of unemployment & quot, which also includes those who stopped searching for work and inactive workers who were demobilized during the past two years, reached about 10.1% up from 4.2% in the previous month, which reflects the broad impact of the conflict on the labor market. Temporarily & quot; For economic reasons, that is, they were granted an unpaid vacation during the military operation against Iran, in a huge leap compared to only 16 thousand people in May. The latter against Iran to widespread damage to the Israeli economy, as during the past months, negative negative indicators in the labor, public finance and foreign investment market have revealed, in light of increasing pressure on the government and the private sector. Security, in addition to the warnings of credit rating agencies, and under the continuation of these tensions, remains high regarding the ability of the Israeli economy to overcome this stage without long -term losses. For credit rating, the Israeli government classification of the BAA1 (a low to medium) investment degree) for local and foreign debts in the long term while maintaining a negative future outlook .. The agency also expected a general government deficit of about 8% of GDP in 2025 with increased defense spending.
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