In July 2024, the typical wage in Israel was NIS 13,683, up 6.7% from July 2023, the Central Bureau of Statistics experiences.
In July 2024, the typical wage in Israel was NIS 13,683, up 6.7% from July 2023, the Central Bureau of Statistics experiences. Inflation was 3.2% over the identical interval in order that wages are rising quicker than costs are rising.
The rise in wages is supported by the unemployment information printed by the Central Bureau of Statistics, which sees unemployment at a 50 12 months low of two.8%. The job market stays tight partly due to a dramatic rise in authorities spending due to the conflict.
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Within the tech sector the typical wage in June 2024 was NIS 32,215, up 8.1% from June 2023, properly above the inflation charge. The variety of jobs within the tech sector was 401,300 representing 9.9% of all the roles within the financial system, up 0.3% from June 2023.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on September 4, 2024.
© Copyright of Globes Writer Itonut (1983) Ltd., 2024.
Common wage in Israel credit score: Shutterstock Rita Kapitulski
