Employment
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