The unemployment rate is declining, though unfortunately we have not yet seen a decline in the poverty rate. We are about to enter the fourth year of growth that began in the middle of 2003, at the end of the deepest recession in the history of Israel.
The improvement in the life and health conditions achieved in the past decades will allow quite a few people to work past the traditional retirement age of 64, in line with the current trends that are also reflected in the pension reforms.