Israel Annual Unemployment Rate
Israel's annual unemployment rate fell to 3.15% in 2024, down from 3.6% in 2023, according to World Bank. This represents a decrease of 0.45% from the previous year. Israel has annual unemployment rate lower than the global median (3.15% vs median 5.23%). Compared with the median in Asia, Israel is lower (3.15% vs regional median 4.05%) and ranks 31st out of 48 countries in Asia.
Yearly Historical Data (1991-2024)
(in %)Israel Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Israel's labor force that is looking for work but does not have a job.