Tag Archive for Taub Center

REPORT: Unemployment in Israel at historic low, consumerism rising

The Taub Center reports prices in Israel are still high and in many industries the productivity is still low, but increased employment rates & higher salaries “have led to an impressive rise in consumption in recent years and to an increase in the standard of living.”

By Ariel Whitman

 

Employment and salaries have risen and unemployment rates have fallen to a historic low over the past year, according to a new report released by the Taub Center for Social Policy Studies in Israel on Tuesday.

“The increase in employment rates, together with the rise in the average wage, have led to an impressive rise in consumption in recent years and to an increase in the standard of living,” the report said. Continue Reading »