A number of articles were published in Arutz-Sheva over the past couple of weeks, all speaking positively about the economy and job market (at least for hi-tech) in Israel). Looks like the economy is definitely out of its slump.
See Blossoming Job Market for New Immigrants , Hi-Tech Start-Up Aids Unemployed Anglos in Israel and an article and radio broadcasts from the IDT phone center in Jerusalem.