Study: Israel’s middle class shrinking
01/28/2013 01:20
Politicians looking for electoral support from Israel’s middle class in last
Tuesday’s elections may have been barking up the wrong tree; a study released
Monday by the Adva Center for equality and social justice in Israel found that
the middle class in Israel is shrinking, falling from 30.8 percent of households
in 1992 to 27.8% in 2010.
In comparison, in the last decade the
proportion of the middle class in Denmark was over double (62.8%) that in
Israel. Nordic countries were not the only ones to best Israel in middle-class
robustness, however. France, Germany, Canada, Russia, the United States and the
United Kingdom came out ahead, as did debt-ridden and economically shaky
countries including Greece, Italy, Spain and Ireland. Mexico and Brazil came in
just behind.