Israel Economy

United Nations, Israel seat empty
February 25 2020

What is the UNHRC?

The UNHRC released its database on companies operating in the West Bank. What is this database, and what does it mean for businesses operating in Israel?

Busy Israeli Market
January 07 2020

Going into 2020 – Israeli tourism is booming

According to the numbers just released by the Israel Bureau of Statistics, Israel has become an incredibly attractive destination. 4.5 million tourists visited the tiny nation in 2019 (a huge number for a country of just 9 million). Compare that with 2.89 million tourists in 2016, and Israeli tourism appears to be having a spate of miraculous growth.

Israel Tourism
January 13 2017

Israel smashes tourism records with nearly 3 million visitors 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.

Israel High Tech CPU
January 05 2014

High Tech Sector Witnesses a Salary Hike

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%.

Unemployment Line
December 04 2013

14,420 Israelis Reported Unemployed Since October While Poverty Ensues

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.