CBS: Real average wages up 4.4% from last year, down from March
Average wages for Israeli workers were down in April of 2024 when compared to March 2024.
Partial data indicates that average wages for all workers in Israel in April 2024 were 7.3% higher than in April of last year, Israel’s Central Bureau of Statistics said Thursday. When adjusted using the monthly consumer price index, this is a real average increase of 4.4% compared to April 2023, they said.
For Israeli workers, the increase of average wages (not adjusted for inflation) between May of 2023 and 2024 was 6.5%.
Average wages for Israeli workers were down in April of 2024 when compared to March 2024, (an average of NIS 13,283 compared to NIS 13,831).
Average wages for foreign workers were NIS 8,101 in April 2024, compared to 7,932 in March 2024, and 7,589 in February of this year.
High-tech comes out top
Average wages in the hi-tech sector were the highest for Israeli workers, and stood at NIS 31,976 on average in April. Food services and hospitality sector average wages were lowest and stood at NIS 6,289.
The number of employee positions was down 0.8% in April of 2024, when compared to April of the previous year, and down 0.2% when compared to March of 2024, the CBS said.
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