The average wage in Israel rose 4.3% in October, but was eroded by inflation by Davar

by time news

The average wage rose 4.3% in October, but did not catch up with the price increase

| Nitzan Zvi Cohen, Devar News

The average salary in October was NIS 11,809 – an increase of 4.3% compared to October 2021, the Central Bureau of Statistics announced today (Wednesday). However, after deducting , the Central Bureau of Statistics noted that the average salary actually eroded by 0.8% compared to October 2021.

The number of salaried jobs was 3.899 million, an increase of 3.2% compared to October 2021 and almost unchanged compared to September 2022. 65.5% of the employees in Israel worked in industries where the average salary is lower than the general average salary in the economy.

The average salary of the 544,000 employees in the health, nursing and welfare services was NIS 8,794; The average salary of 535,000 education workers was NIS 8,730; The average salary of the 510 employees in the wholesale and retail trade was NIS 9,706. The average salary of 355 thousand industrial workers was NIS 16,503.

The average salary of 264,000 employees of the management and support services branch was NIS 7,066. The average salary of 244,000 workers in the information and communication industry was NIS 26,521. The average salary of 234 thousand workers in the food and hospitality industry was 5,804. The average salary of 213 thousand workers in the construction industry was 11,435.

In October 2022, the average salary for employees in the high-tech sector was NIS 27,188, an increase of 4.4% compared to October 2021.

Read the full article on the Devar news site

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