MAGAZINE ABOUT LIFE IN ISRAEL

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Economy - page 14

Israeli Trust Plummets as COVID Cases Rise

in Health & Science

Continuing to break records, Wednesday in Israel saw more confirmed COVID-19 cases in one day than in America, with numbers coming in at 8,919. As numbers continue to rise, over 500 people joined the list of fatalities in the past 3 weeks, bringing the total to 1,571. Serious cases have reached 810, with 206 people…

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Israeli Unemployment Rate Soars; Amazon Hires

in Economy & Innovation

The day before the second lockdown began, over 41,000 new people entered the unemployment system, a sign of deep danger for the Israeli economy. The unemployment rate is the highest it has ever been at 24%, and young people, elderly, and families are those most affected by the lack of income. Children are also suffering,…

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Israel Imposing Stricter Lockdown as COVID Ensues

in Health & Science

After announcing a three-week lockdown during the Jewish high holiday season, officials are seeking to impose even stricter rules and regulations with the current 12.7% coronavirus confirmation rate. With schools, hotels, and all non-essential businesses closed, the majority of private businesses and sukkot markets will join the statewide closures on Friday at 2:00PM. Synagogues will…

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100 Startups Hackathon in Tel Aviv

in Economy & Innovation

With a 25% decrease in private investments, the Israeli “Startup Nation” is in need of solutions in a post-COVID world. In a poll from Israel Innovation Authority, about 29% of startups have had to fire employees, which has caused many talented people to lose their jobs. In order to help solve the problem, a few…

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Israel Locks Down as COVID Rates Rise

in Economy & Innovation/Health & Science

In an official announcement on Monday, Israeli officials chose to lock down the country effective September 18, as Rosh Hashanah kicks off the high holiday season. The lockdown is slated to last at least three weeks when Sukkot is over on October 11. While this lockdown will be looser than last, all non-essential businesses will…

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