Icholov Hospital in Tel Aviv Nurses went out on a nationwide strike in Israel this morning. They are not asking for higher wages. Rather, they are asking that more nurses be hired. Israel has one of the lowest nurse-to-population ratios, and as a...
Israel was on its way to another high in terms of startup growth and funding, until COVID-19 hit. During the first quarter, Israeli high-tech firms raised $2.74 billion, in a total of 139 deals. This represents an increase of 76% from the...
The country’s budget deficit for the last 12 months remains at 3.8% of the GNP, unchanged from the previous month above the 2.8% that government had targeted. For the first five months of 2019, the cumulative deficit has been NIS 15. 1...
The Bank of Israel has released a significant report on the state of the Israeli workforce. In its report, Bank of Israel states that the productivity of the average Israeli worker is 24% below the average OECD country, and that number has remained...
According to IVC Research Center, 2019 was a record year of exits for Israeli corporations, garnering an annual total of $21.7 billion. There were 138 deals in total, with the largest single deal being the acquisition of Mellanox by Nvidia for $6.9...
The Central Bureau of Statistics announced that prices rose by 0.4% in October vs. September. In addition, they reported that the price of apartments went up 0.2%. The price increase was expected. Over the last year, the cumulative price increase came to...
Trigo technology deployed in a supermarket The Central Bureau of Statistics reported the inflation rate for January was negative 0.4%. Major pricing decreases, totaling 6.4% were reported in clothing, as well as a drop of 0.8% in entertainment costs and 0.5% on food....
The Central Bureau of Statistics (CBS) reported a rise in the unemployment rate in Israel. In the month of November, Israel’s unemployment rate rose from 3.5% to 3.9% the month before. The CBS also revised October’s figure, initially reported to be 3.4%...