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The number of employed rose 0.2 percent to 3.85 million, with 61.4 percent of those aged 15 and over having jobs, unchanged from September.
Full-time employment -- 77.8 percent of the workforce -- slipped 0.1 percent from September, while part-time employment dipped 0.3 percent.
The participation rate in the labour force of those 15 and older held steady at 64.0 percent in October.
Boosted by a strong labour market, Israel's economy grew 4 percent in 2016 but growth is forecast to slow to around 3 percent this year.
In the third quarter, Israel's jobless rate fell to 4.1 percent from 4.4 percent in the second quarter.