Friday, December 4, 2009
Crisis Spurs Migration to Israel WSJ Dec 3
Crisis Spurs Migration to Israel
By SARA TOTH STUB
JERUSALEM -- Immigration into Israel and the Palestinian West Bank is surging after the financial crisis and economic downturn evaporated jobs elsewhere.
After years of a brain drain from the region, and despite the lack of a peace settlement, by the end of this month about 4,000 North American Jews will have immigrated to Israel this year, an increase of 33% over 2008 and the most in one year since 1973, according to Nefesh B'Nefesh, an organization that oversees and assists with immigration to Israel from North America.
Immigrants to Israel often have a longstanding desire to move, but the economic crisis has pushed them to make the jump this year, said Danny Oberman, executive vice president of Israel operations for Nefesh B'Nefesh. "The economy has a lot to do with it," Mr. Oberman said.
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