Israeli tech job openings rise 300% as investment soars

As Israel’s hi-tech sector skyrockets in 2021, investment platform OurCrowd said Thursday that job openings at its portfolio companies more than tripled over the past year.
The number of vacant positions advertised by OurCrowd startups rose from a peak of 836 in the second quarter of 2020 to 2,628 at the end of June 2021, as advertised by 148 of OurCrowd’s nearly 300 portfolio companies, according to its hi-tech jobs index published Thursday.

Israel’s hi-tech sector has been growing at a frenzied pace in 2021, with more than $15 billion raised in the first eight months of the year. Many companies are now flushed with cash for hiring top talent, and there are concerns that there are not enough workers in Israel to meet their demand.

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