According to new data from the Central Bank, the average salary in Israel has fallen significantly

Average wages in Israel continue to fall, according to the Central Bureau of Statistics. In November 2024 it amounted to NIS 13,000, which is 1.5% less than in October. This is the second decline in a row after a decline since September.

There has also been a decline in average wages in the high-tech sector. It decreased by 1%, falling from NIS 31,200 in September to NIS 30,900 in October. The total number of jobs in the Israeli economy continues to remain below the 4 million mark.

The number of jobs in the technology sector has also declined. The sector's share of the labor market remains unchanged at 10.1%. An increase in average wages above the inflation rate is considered positive, especially in the field of information and communications.

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