Histadrut predicted today that 120,000 Israelis — nine percent of the country’s 1.3 million-member work force, will be unemployed by the end of this year. But the Manufacturers Association rejected the forecast. A spokesman for the industrialists said projected unemployment figures were much lower and that there is actually a shortage of labor in some industries.
According to Gideon Ben-Israel, head of Histadrut’s Organization Department, about 30,000 young people who enter the work force each year may not be able to find jobs. The Histadrut official spoke in advance of a three-day international seminar on labor relations and unemployment which opens at Tel Aviv University next week.
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