Tag #Workforce Integration

What is the immediate economic cost to Israel of its failure to integrate the recent wave of immigrants into the workforce?

Over 120,000 immigrants from Russia, Ukraine, and Belarus have arrived in Israel since the war began, many of whom are highly skilled professionals. However, only 16.5% are employed in their fields, resulting in an estimated daily loss of NIS 2 million in potential revenue. This contrasts with approximately 84,300 Israelis leaving the country last year, highlighting a failure to integrate new arrivals.