Job vacancies in Israel fall

Job vacancies in the tech sector have been consistently falling since February but are rising in sectors like construction.


The continuing fall in tech job vacancies indicates a cooling down in the sector. The number of job vacancies for software developers fell 11% on average in May-July to 10,130, the Central Bureau of Statistics reports, from April-June, which was itself 7% down from March-May. Over the same period, job vacancies for computer engineers fell 8% to 14,963. Job vacancies in information technology and communications has been consistently falling since February.







Overall in July, there was a slight fall in overall job vacancies to 148,113 from 149,868 in June. However, the level of job vacancies is still close to a historic peak and this together with low unemployment reflects a very tight employment market and the Bank of Israel fears this could fuel inflation.

While there was a fall in job vacancies in the tech sector, there was a 16% rise in job vacancies in real estate and construction, an 11% rise in job vacancies for drivers but a 4% fall in job vacancies for technicians.

Published by Globes, Israel business news – en.globes.co.il – on August 18, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.



High-tech office Credit: Shutterstock

High-tech office Credit: Shutterstock

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *