Unemployment

Wix cuts 20% of its employees citing shekel-dollar exchange rate, AI implementation

According to the CEO, the fact that the company has shekel-dominated costs and dollar-denominated revenue made it impossible to keep its current operations running without cutting back.

: In this photo illustration, a person holds a smartphone displaying the logo of Wix.com Ltd. (NASDAQ: WIX), a cloud-based web development platform, in front of a screen showing the company's branding on July 31, 2025.
(ILLUSTRATIVE) A logo of Meta AI sits outside the Meta House on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, January 20, 2025.

Behind the layoff headlines lies a more complex reality - opinion

 A voter holds his proof of Kuwaiti citizenship upon arriving at a polling station during parliamentary elections in Kuwait City on June 6, 2023.

Major change in Kuwaiti citizenship laws sees thousands lose nationality

Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026

Israel registered 37% less unpaid leave applications than in previous Iran war, report reveals


‘Horrific signal’: Young job seekers are arriving with parents to job interviews

Some Gen Z job seekers are allowing their parents to negotiate their salary.

Gen Z.

Number of Israeli job seekers fell in January 2026 amid tight labor market

Overall, Israel’s labor market has remained tight over the past year, with the ratio of vacancies-to-job-seekers around one-to-one.

Job seeking Israeli numbers drop in January, 2026.

No jobs, still paid? Economic logic behind Elon Musk’s AI vision - opinion

The MOSAIC Model for sharing AI's productivity gains, before the battle between labor and capital ruins the party for everyone.

Artificial Intelligence.

The divide in Iran's protests: Why ethnic minorities are not taking to the streets - opinion

Most Iranian ethnic minorities disdain both Crown Prince Reza Pahlavi and the MEK, who have been calling for protests. However, that does not mean that they still should not join.

Protesters gather as vehicles burn, amid evolving anti-government unrest, in Tehran, Iran, in this screen grab obtained from a social media video released on January 9, 2026.

Israel's youth labor force participation rate declines as gender gap narrows

Report reveals declining labor force participation among young Israelis (20-29), especially men and those in the Arab sector. Low unemployment is deceptive, hiding a sharp rise in discouragement.

Einbal Mashash, CEO of the Employment Service

Gaza war, AI use trigger rising unemployment in Israel's tech sector, Taub Center study finds

The unemployment rate in the industry has risen and exceeded the average in the economy, and in 2024 there was a sharp fall in the number of vacant jobs.

People walk near office towers at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020

Weird trend: Unemployed people pay to pretend they have jobs

A simulated work environment, fake bosses, and lunch included—that’s the daily routine for young people who prefer to pay NIS 185 a month to pretend they have a job rather than admit they don't.

 A Chinese man sitting at his desk

‘Worse than the worst case scenario’: Wall Street reacts to Trump tariffs, S&P index drops 3.9%

Wall Street executives said that investors were withdrawing their money first and asking questions later.

 A Specialist trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 3, 2025.

Nearly three-quarters of Israelis fear they cannot handle employment crisis - study

"The last decade has been characterized by profound changes that have dramatically affected the labor market in Israel and around the world."

"Worthwhile to Work in Jerusalem" employment fair

Fifth of Israelis displaced by war out of work, survey shows

Around a third of Israeli households have reported a fall in their incomes since the start of the war, a proportion that reached as high as 44% among households in the north.

 Smoke billows over northern Israel after rockets were fired from Lebanon, amid ongoing cross-border hostilities between Hezbollah and Israeli forces, by Israel's border with Lebanon, May 17, 2024.