Israel Averts General Strike by Increasing Minimum Wage

Private-sector workers will now take in at least $1,260 a month, though a public-sector agreement could get lost during this winter's election campaign.

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Israel averted a general strike late Tuesday night after business leaders and the Histadrut labor federation agreed to raise the minimum wage by 700 shekels over two years to 5,000 shekels ($1,260) per month.