Employment
Workers, Employers and the Distribution of National Income 2011
From a macro-economic perspective, 2011 was a good year for the Israeli economy, whose economic growth was higher than that of other developed economies. From the standpoint of employees, the two most positive developments were the continued decline in unemployment, from 6.6% in 2010 to 5.6% in 2011, and the creation of 80,000 new jobs. … Continue reading Workers, Employers and the Distribution of National Income 2011
Workers, Employers and the Distribution of Israel’s National Income Labor Report: 2009
In 2009, employers’ share of the national income rose, while the share of employees decreased. The employers share increased from 15% in 2008 to 17% in 2009, and the employees’ share decreased, from 62% to 60%. In other words, the blunt of the global financial crisis of 2008-2009 hit employees, not employers. From a 10-year … Continue reading Workers, Employers and the Distribution of Israel’s National Income Labor Report: 2009
The New Pension Funds: Increased Revenues from Fees and Bigger Profits – at the Expense of Members
Government regulators are currently considering the recommendations of the Hodek Commission calling for increased regulation of pension fund investments. While this is a needed step, the same regulators ignore the fact that the biggest loss suffered by members of the new pension funds occurs even before their money reaches the capital market – due to … Continue reading The New Pension Funds: Increased Revenues from Fees and Bigger Profits – at the Expense of Members