Banks and financial companies required more employees in May 2007, while the education sector reported lower demand.
Manpower Israel has reported that demand for employees in the banking, insurance and financial sector increased 19.5% in May, compared with April. With demand in high-tech sectors slowing to a certain degree, most sectors have seen demand increase by an average of 1.3%, and by 2.3% compared with the corresponding month last year.
The breakdown of demand for employees in the various sectors was as follows: healthcare and nursing services - up 5.9%; communal services - up 5.4%; construction - up 4.9%; transport and telecommunications - up 4.5%; household staff - up 3.2%; and agriculture - up 3%. On the other hand, demand for employees in the educational sector fell by 10%, probably as a result of the approaching end of the current school year.
Manpower Israel CEO Orna Segal said, "The increase in demand for employees is in line with figures on economic growth since the beginning of 2007. The month-on-month increase shows that this trend is ongoing."
Published by Globes [online], Israel business news - www.globes.co.il - on June 10, 2007
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