{"id":48537,"date":"2025-08-06T19:06:19","date_gmt":"2025-08-06T19:06:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/48537\/"},"modified":"2025-08-06T19:06:19","modified_gmt":"2025-08-06T19:06:19","slug":"israels-high-tech-sector-faces-first-employment-slump-in-a-decade","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/48537\/","title":{"rendered":"Israel\u2019s high-tech sector faces first employment slump in a decade"},"content":{"rendered":"

After a decade of rapid growth in Israel\u2019s high-tech workforce<\/a>, employment in fields like data analysis, e-learning, life sciences and agritech dropped by 7% to 9.5% in 2023 and 2024, while cybersecurity<\/a> jobs rose by 9%, according to a new report by the RISE Israel research institute and IVC. <\/p>\n

The report highlighted a broad slowdown across all company types, hindering university graduates\u2019 integration into the industry. Although this stagnation is not unique to Israel, the country\u2019s high-tech sector, which employs the world\u2019s highest proportion of workers relative to the total workforce, amplifies the economic impact. <\/p>\n

\u201cThe past two years show near-total stagnation in employment due to the global recession, domestic instability and prolonged war,\u201d said Dr. Assaf Patir, RISE\u2019s chief economist.<\/p>\n

The decline primarily affects business roles, with a 6.6% drop, and administrative and operational position down about 4%. Sales and marketing roles fell by 7%, and human resources jobs by 8%, signaling companies\u2019 reluctance to hire in the near term. <\/p>\n

Women have been disproportionately impacted, accounting for 40% of those leaving high-tech in 2024, compared to 38% of new hires. Preliminary data for 2025 shows the share of startups founded by teams including women dropped from 20% to 15%. \u201cGroups most vulnerable to high-tech shocks are support role workers and those without academic degrees,\u201d Patir noted.<\/p>\n

Non-academic high-tech workers saw a 5.4% employment decline, while those with advanced degrees in business administration and social sciences dropped by about 2%. However, advanced-degree holders in core high-tech fields like computer science grew by 10%, and bachelor\u2019s degree holders saw a slight 0.9% increase. <\/p>\n

Despite doubled computer science graduates over the past four years, their absorption into high-tech firms has declined. LinkedIn registration among these graduates jumped from 46% to 70% in two years, likely reflecting intensified job searches.<\/p>\n

The report underscores broader concerns. \u201cThe AI revolution is expected to dramatically reshape workforce demand, necessitating a rethink of government human capital policies,\u201d Patir warned. <\/p>\n

IVC chairman and founder Guy Holtzman highlighted resilience, noting: \u201cHigh-tech remains robust, with capital raising and exits showing no decline.\u201d Yet, employment trends raise alarms. <\/p>\n","protected":false},"excerpt":{"rendered":"After a decade of rapid growth in Israel\u2019s high-tech workforce, employment in fields like data analysis, e-learning, life…\n","protected":false},"author":2,"featured_media":48538,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-48537","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/48537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=48537"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/48537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/48538"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=48537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=48537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=48537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}