BREAKING NEWS

CBS survey shows decline in Israel households incomes

A survey released this morning by the Central Bureau of statistics on Wednesday shows Israeli households’ incomes declined in 2011.
CBS’ numbers show a decreased of 1.7% in gross household income for 2011. The most significant decline was recorded for households headed by self-employed individuals where the average income was recorded at NIS 19 434 a month, a decrease of about four percent  from the numbers of 2010. For households headed by a company employee, income declined by a little over two percent.  In addition the survey shows a greater gap between the wealthiest and poorest of Israeli society, stating that inequality in 2011 was higher than in other developed countries.
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use