MAGAZINE ABOUT LIFE IN ISRAEL

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Economy

Jerusalem Seeks More Business

in Economy & Innovation

Jerusalem Mayor, Moshe Lion, has a mission to make Jerusalem a hi-tech center of Israel. He’s backing it up with 1.1 million square meters of office space, approved for development in dedicated areas throughout the ancient city. Yet the reality is, that only 7% of employment in Israel takes hold in Jerusalem, and many startups…

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Israel Ranks in Top 20 Economies for GDP 

in Economy & Innovation

Israel has never been in the top 20 economies for GDP per capita; however, the past year has made the strength of the Israeli economy notable despite its subsequent shutdowns during the coronavirus crisis. In the latest Forbes Israel report based on International Monetary Fund data, Israel is 19th on the global list.  GDP per…

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Young People Would Rather Be Unemployed

in Economy & Innovation

Unemployment numbers in Israel continue to drop with the reopening economy, yet people under 34 seem to be staying stagnant. With unemployment benefits in place until mid-June, almost half, or 47.4%, of the young and unemployed are not incentivized to return to work. With COVID-19, many receive 70% of their paycheck, at least until June…

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Israel Lifts Outdoor Mask Requirement

in Economy & Innovation

Since Sunday, Israel’s outdoor mask requirement has officially been lifted. People are still required to wear masks in enclosed public spaces; however, the removed restriction, in place for just over a year, is proof of the ample progress being made towards extinguishing the coronavirus crisis. Sunday also saw a return to regular schooling. Youth are…

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Will Israeli Tourism Be Popular Post-Pandemic?

in Tourism & Nature

Before March 2020, Israeli tourism was on the rise. As the economy reopens thanks to a mass vaccination campaign and the Green Passport concept, Israel may return to being a top-listed destination for global citizens who are craving a post-COVID getaway. Travel companies are already seeing bookings for the winter of 2021.  While flights are…

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