Israel’s Jobless Rate Below OECD Average, but Real Wages Have Fallen

Real wages rose 0.4% in the OECD on average last year, compared to a 0.2% decline in Israel.

Income inequality in Israeli exceeds the average for members states of the Organization for Economic Cooperation and Development, and salaries in the country have actually declined in real terms since 2000, according to a report issued by the organization on Wednesday.