Israel labors longer hours but productivity falls short of other OECD countries; also, the number of college-educated adults is dwindling.
The productivity of the average Israeli worker last year was well below the average among developed countries, new OECD figures show. Israel ranked 24th of 34 countries surveyed.
Israeli workers at a customer-service call center. – Photo by Dror Artzi
According to the Organization for Economic Cooperation and Development, whose members comprise the countries of the developed world (including Israel), the productivity per hour of the average Israeli worker last year was $34, which is 30% lower than the OECD average of $44. Continue Reading »
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