BREAKING NEWS

CBS releases data on average monthly wages by sector

The Central Bureau of Statistics on Sunday released its annual report which provides data on the average monthly wages per employee by division between 2009 and 2011.
A decreasing monthly wage was the most common trend in most of the sectors, such as in manufacture and public administration. Increases were seen in the wages of employees of the education sector as well as in the wages of those employed in banking and other financial institutions.
In the manufacturing sector, wages of employees involved in the production of paper and paper products saw a decrease from 2009's average of NIS 9,061 to NIS 8,602 in 2011. The same trend was displayed in the manufacture of refined petroleum and nuclear fuel, chemicals and chemical products which saw a drop from NIS 14,339 to NIS 13,845 between 2009 and 2011.  The wages of employees working in the production of machinery and equipment increased between 2009 and 2011 from NIS 12,470 to NIS 13,201.
In the wages of workers employed in banking and other financial institutions, a rise was seen from 2009's average of NIS 15,754 to 2011's average of NIS 16,516.