Jobless rate hit 7% in second quarter

01.08.2012                      13.Aw. 5772

Wirtschaft:

Jobless rate hit 7% in second quarter

The number of people who said they were working part-time because they could not find full-time work rose 5.6% to 106,00.

Israel's unemployment rate is likely to push above 8% in the next several months as the government moves ahead with austerity plans, economists said after the Central Bureau of Statistics reported on Tuesday that joblessness inched up in the second quarter….