The Israeli tourism industry continues to smash old records well into 2017. In the first 10 months of this year approximately 3.2 million visitors came to Israel. This represents a 27% increase from the same period in 2016.
Tourism is one of the largest industries around the world and for just about any country it’s essential to their very survival. For Israel, this is actually becoming even more important and it’s actually becoming even more profitable as well. In fact, in the last three months the country hit an all-time high in the amount of people who visited as a tourist in the region.
On 21 August 2014, the Israeli Finance Minister and his German counterpart signed a revised double tax treaty between Israel and Germany.
Bank Hapoalim, Israel’s largest bank, has announced a new campaign to encourage members to spend money in small and medium businesses, rather than at the major chain retailers.
According to an analysis by the Dialog Consulting for Human Resources Ltd., the average salary in the high tech sector has steadily risen since mid-2012. However, there were two conflicting trends in a lot of high tech jobs during 2013. While the number of jobs that were available was 4% higher than it was back in 2012, primarily due to the fact that there was a 15% jump in web software developer positions, the number of non-web software development positions has fallen by 2%.
A recent data has revealed the hike in numbers of Israelis out of work in October. Statistics indicate that 14,420 Israelis are currently unemployed. According to the Israel Employment Services, the number of people who lost their jobs in October has reached a new high in comparison to the 28% rise in July and 24.7% spike in October 2012.