FX.co ★ Israel’s Unemployment Rate Falls to 2.8% in August, Hitting New Quarterly Low

Israel’s quarterly unemployment rate edged down to 2.80% in August 2026, from 3.10% recorded in July 2026, according to the latest update released on 15 September 2026.

The 0.30 percentage point decline over the month signals a further tightening of the labor market, with unemployment moving below the already low July level. The new reading marks a fresh quarterly low for Israel, highlighting continued resilience in employment conditions through the late summer period.

With the August figure now confirmed, analysts and market participants will be able to track how sustained this improvement is across subsequent releases, as the labor market remains a key indicator for assessing the broader strength and direction of the Israeli economy.