Press Release
December 15, 2020
The labor market panel at the Israel Democracy Institute’s Eli Hurvitz Conference on Economics and Society dealt with the challenges and opportunities of the employment market in the post-Covid era.
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Highlights
Itzik Shmuli, minister of labor, social affairs, and social services: “The COVID crisis has silenced and made redundant whole industries. It has left many young and self-employed workers in a vulnerable position. Vocational training is a key tool for dealing with this dramatic situation. In this context, the government will invest about a billion shekels in vocational training and will be able to provide grants to employers who will integrate workers who have undergone professional training. Our goal as a government is that by the end of 2021, 100,000 Israelis will be able to benefit from retraining and will receive assistance with their reintegration into the workplace with the proper conditions.