The labor market in Israel, 2000–2016

Tali Larom and Osnat Lifshitz
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Tali Larom: Tiomkin School of Economics, and Aaron Institute for Economic Policy, Interdisciplinary Center Herzliya, Israel

IZA World of Labor, 2018, No 415, 415

Abstract: Following a decline in employment and participation rates during the 1980s and 1990s, Israel managed to reverse these trends during the last 15 years. This was accompanied by a substantial decrease in unemployment. New labor force participants are mostly from the low end of the education distribution, and many are relatively old. They entered the labor force in response to cuts in welfare payments and increases in the mandatory retirement age. Net household income for all population groups has increased due to growth in labor income; however, inequality between households has increased.

Keywords: employment; wages; policy; inequality; Israel (search for similar items in EconPapers)
JEL-codes: D31 J08 J21 J24 J31 (search for similar items in EconPapers)
Date: 2018
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