Israel’s labor market is where its citizens create the country’s domestic product and how many of them participate in the labor force. It is also an important measure of Israel’s economic strength. However, Israel’s participation rate is relatively lower than the other developed countries with which we would like to compete.
The Israel 2028 plan outlines a number of initiatives that would help to remedy this situation and significantly increase the labor force participation rate in Israel. These initiatives include creating an updated and modern labor policy, reinstituting the Ministry of Labor as an independent government ministry, and increasing the participation of Arab women and the ultra-Orthodox in the workforce.
To review the relevant sections of the Israel 2028 plan that address the needs of Israel’s labor market, click here.