Rich in Israel Make Ten Times More Than the Poor

2
>>Follow Matzav On Whatsapp!<<

shekelIsrael’s top echelon’s household income was 9.7 times higher than that of its lowest socioeconomic echelon in 2008, a report by the Central Bureau of Statistics said yesterday.

According to CBS data, the top echelon’s income made up 24.3% of Israel’s gross household income (GHI) last year, while the bottom echelon made up only 2.5% of it.

The average monthly GHI in 2008 came to NIS 13,339 (roughly $3,550) – a 1.4% drop from 2007. After taxes, the average monthly GHI came to NIS 10,965 ($2,990) making for an actual 0.2% rise.

The report, meant to represent income averages for every community in Israel, with the exception of kibbutzim and Bedouins who live outside registered townships, surveyed 14,167 households, 9,226 of which were headed by a hired worker, 1,314 were headed by a self-employed individual and 3,627 in which the head of the household was unemployed.

The survey revealed that in 2008 the average GHI for the first group was NIS 15,712 (-0.7% from 2007), the average GHI for the second group was NIS 17,394 (-8.9%) and the average GHI for the third group was NIS 5,444, (about $4,180, $4600 and $1450 respectively).

 The data further revealed that the difference in wages between men and women – per work hour – have remained steady since 2003: A man’s work hour is worth an average NIS 49.8 ($13.24), while a woman’s work hour is worth NIS 41.2 (10.95) – a 20% difference.

{Ynet/Yair Alpert-Matzav.com Israel}


2 COMMENTS

  1. In Israel, as opposed to the rest of the world, the rich work and most of the poor DON’T work. That is why they are poor. In the
    rest of the world the poor also work, but they don’t have good jobs or for other reasons they are poor.

Leave a Reply to Reality CHECK Cancel reply

Please enter your comment!
Please enter your name here