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Average Israeli salary climbs 9.9% during pandemic

Israel sees 13% decrease in employment positions over past year, with hospitality and food services sector hardest hit by COVID guidelines. With many low-income earners unemployed, average Israeli salary now 11,525 shekels a month.

by  Hili Yacobi-Handelsman and ILH Staff
Published on  02-05-2021 12:26
Last modified: 02-05-2021 12:26
Average Israeli salary climbs 9.9% during pandemicGideon Markowicz

Employees of Israel's Arkia airline demonstrate outside a hotel that belongs to the airline's owner | File photo: Gideon Markowicz

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The outbreak of the coronavirus pandemic and the restrictions on movement aimed at curbing its spread have had an impact on the number of Israeli employees and their average salary.

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The number of employment positions stood at 3.252 million in November, a 13% decrease compared the 3.74 million who were employed in the same month in 2019.

According to a Central Bureau of Statistics report, the hospitality and food services sector saw a 63.4% decrease in the number of employee positions. The arts, entertainment, and recreation sector, recorded a 53.3% decrease, compared to the 17.9% recorded in the commerce sector.

In November, the average employee salary stood at 11,525 shekels ($3,510), an increase of 9.9% over the previous November, when the average salary was 10,483 shekels ($3,193).

The CBS compiled its report on average wages and employment based on the number of workers employed in that month and the total wages they were paid.

Average wages increased 15.2% in April 2020 compared to March, following the first lockdown. Following the end of the second lockdown in October, average wages increased 2.1% over the previous month. Part of the reason for this increase is that the earnings of employees who had their jobs terminated tend to be lower than the national average.

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Tags: COVIDIsraeli economyPandemicRecessionunemployment

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