The governor of the Bank of Israel said the government of Prime Minister Benjamin Netanyahu should spend more on infrastructure projects, particularly transportation, in order to combat the country’s growing unemployment. Jacob Frenkel also called for job training programs to combat unemployment, which reached 8.1 percent for the third quarter of 1997.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.