#employment
Workers, Employers and the Distribution of Israel’s National Income Labor Report: 2010
The year 2010 was a good one for the Israeli economy. For employed persons, the best news was that firstly, unemployment decreased from 7.5% in 2009 to 6.6% in 2010, and secondly, the creation of one hundred thousand new jobs (even if 42% of them were part-time jobs). The average salary of employed persons increased … Continue reading Workers, Employers and the Distribution of Israel’s National Income Labor Report: 2010
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