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Israel's Preemptive Unemployment Fix

By Jspace Staff on 7/30/2012 at 11:28 AM

Categories: Business, Israel

Israel's Preemptive Unemployment Fix

Several professional training programs are being developed by Israel’s Finance Ministry in an effort to battle unemployment. The ministry is also working to draft stricter rules regarding eligibility for unemployment insurance. While Israel has one of the lowest unemployment rates in the world, estimated to be between seven and 7.5 percent, the global rate of unemployment continues to rise tremendously, leaving those in Israel worried about the effects it may have on the country and its inhabitants. "There …More