Israeli economy

Booming Housing Market in Israel Stokes Fears of Bubble

02/23/2011
JTA

TEL AVIV (JTA) -- Soon after Leora’s second child was born and she and her husband began looking for a larger home, Israel's new real estate reality smacked them in the face.

Though the couple had bought a two-bedroom apartment in Tel Aviv six years earlier that had appreciated to $650,000, more than triple what they paid, they still found themselves priced out of the local market. One apartment in a basement underneath a parking lot was listed at $468,000.

As Price Of Staples Soars, Israelis Take Page From Egyptians

Protests mount against taxes increases, rising food prices.

02/17/2011
Israel Correspondent

Jerusalem - During this winter of Middle East political discontent, even Israelis are demanding reforms from their government officials. 

In contrast to the protesters in Egypt, Tunisia and elsewhere in the region, whose main concerns are an end to oppression, Israelis' gripes are focused solely on the sky-high price of food, gasoline, water and many other necessities. 

Protests in Israel mounting as prices soar

Israel Plans ‘Leapfrog’ Growth to Stem Brain Drain

01/18/2011
JTA

JERUSALEM (JTA) -- It was at a conference 15 years ago in the raw months following Yitzhak Rabin's assassination that an unlikely Israeli trio -- a young Navy officer, a leading businesswoman and a senior bureaucrat -- hatched a plan for Israel's future.

It wasn't exactly a plan for the future, but a plan to plan for the country's future in an entirely new way: one focused on long-term strategic thinking to propel Israel into the world's top 15 socioeconomic powers.

In Israel, Older Olim Face Ageism Hurdles

Workplace bias is fact of life for over-40 immigrants in youth-dominated marketplace.

07/14/2010
Israel Correspondent

 Jerusalem — When Mike Diamond immigrated to Israel from South Africa a year and a half ago he didn’t expect a job to fall in his lap. But even though he was prepared for some rejection, Diamond was still shocked by the reception he received from recruiters and potential employers. 

“I spoke to a lot of people, to employment agencies,” Diamond, who held a high-level position in a pharmaceutical company back in Cape Town, said of his Israeli job search. 

Ex-New Yorker Devora Renert hopes the year she spent learning Hebrew will pay off with a job. Michele Chabin
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