Bank of Israel study: Israel’s worker productivity low by OECD standards
Israeli labor productivity in lower third of developed countries; productivity in the industrial sector, including the high-tech sector, lags behind that of the United States.
Labor productivity in Israel is low, placing the country in the lower third of the world’s developed countries, a new study released by the Bank of Israel shows. The study noted that the most productive sector, industry, is subject to relatively stiff competition and is a sector in which investment is high.
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