Thursday, September 8, 2011

Bethel Finances: Average salary rose 8% in June

www.bethelfinance.com
The average gross national salary was NIS 9,124 in June 2011, 8% more than in May, the Central Bureau of Statistics reported today. However, the average salary fell by an annualized 0.3% in fixed prices in the second quarter, after falling by 0.9% in the first quarter.

In current prices, the rise in the average national salary slowed to 2.8% in the second quarter from 4.2% in the first quarter.

There were 3.05 million Israeli salaries employees in June, up from 2.98 million in April. The increase in salaried employees slowed to annualized 1.7% in the second quarter from 2.5% in the preceding quarter. There were 87,000 foreign workers in June, bringing the total number of salaries employees up to 3.18 million. The number of salaried workers rose by 1,500 during the second quarter.

The average salary of foreign workers was NIS 4,553 in June, dragging down the total average national salary to NIS 8,943.

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