Average wage drops in August

The 58,600 foreign workers earned on average NIS 4,035 in August, bringing the combined average of wage earners in the economy to NIS 7,233 for the month.

The gross average wage amongst the 2.46 million Israeli salary earners active in the economy in August was NIS 7,326, the Central Bureau of Statistics (CBS) said Monday. This represents a drop in the average wage from July, when it stood at NIS 7,521. The 58,600 foreign workers earned on average NIS 4,035 in August, bringing the combined average of wage earners in the economy to NIS 7,233 for the month. Among Israeli workers earning below the average wage, the August wage averaged NIS 1,923. The CBS said that approximately 25% of the workforce earn less than half the average wage.
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