BREAKING NEWS

Report: Israel's upper percentile now wealthier

By JPOST.COM STAFF

DECEMBER 18, 2011 10:36

Israel's upper percentile became wealthier in the past decade, while the lower socioeconomic levels of its society still experience economic decline, according to a report published by the Adva Center for Equality and Social Justice in Israel.

Released on Sunday, the report indicated growing economic gaps in Israeli society and touched on a wide range of issues, including gender equality progress in salaries, the shrinking of the economic gap between Ashkenazi and Sephardic Jewish Israelis and difficulties with the Israel education system.

According to the document, the gaps between society's upper and lower percentiles are rigid and leave "the impression of the deep stability of inequality in Israel."

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