
Reuters
NEW YORK - Fed up with the tough job market, some young American Jews are choosing to wait out the recession in Israel, where the government heavily subsidizes their stay while they intern, learn Hebrew or volunteer.
According to Masa, a group that organizes programs to Israel and is partially funded by the Israeli government, participation is up 50 percent since the fall of 2008. Today, Masa has more than 1,500 Americans working in Israel.
Masa’s Aaron Goldberg said interest has been rising since the financial crisis, which gave them the idea for their “Israel: A Better Stimulus Plan” marketing campaign.
“Before the economic crisis, there wasn’t that impetus to look beyond the traditional career path,” said Goldberg, Masa’s director of recruitment. “Now there are less jobs and less internships, so this becomes a great way to add something to your portfolio.” Read the full story.