Israel’s unemployment 6.8% in September

The rate is unchanged from August; unemployment rate for 3rd quarter down fron 2nd quarter
 
According to figures released by the Central Bureau of Statistics (CBS) Israel’s monthly unemployment rate remained steady at 6.8% in September 2012, unchanged from August’s unemployment rate.
 
According to the CBS report, the overall unemployment rate for the third quarter was 6.7%, down by 0.2% from the second quarter’s 6.9%. This translates to 249,100 unemployed.
 
 The steady rate in August and September was especially encouraging in light of the economic situation in Europe. Based on the data, Israel currently leads the Western world in new job creation. In the third quarter, 51,000 new jobs were created. Over the past three years, 340,000 new jobs have been created, the highest rate of job creation in proportion to population in the Western world.