From the Jerusalem Post: Finance Minister-designate Avigdor Liberman said Wednesday night he plans to stop providing unemployment payments to all people under age 45 as of July 1, in sharp contrast to the previous ruling of outgoing Finance Minister Israel Katz.Liberman said he will take a hardline approach to encourage more people to return to the workforce, according to N12. There are more than 130,000 job vacancies available, and strong action must be taken to fill them quickly, he believes.

This could reverse a gentler unemployment policy that Katz put forward two weeks ago. Under his model, job seekers will be given a maximum number of days they can receive unemployment benefits, based on their age and number of dependents, and unmarried people under age 28 would not be entitled to any additional benefits. Additional grants would be offered for employers, workers taking jobs at lower salaries, and those studying in professional retraining programs, in an effort to get as many people as possible back into the workforce. CLICK on here to read more.

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