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Home Business

Layoffs of low-paid staff skew common pay greater

by Vegas Valley News
June 7, 2026
in Business
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Common wage falls for second straight month
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Based on preliminary estimates by the Central Bureau of Statistics, the common month-to-month gross wage of Israeli staff in April this 12 months was 4% greater than in April 2025, at NIS 14,409. This represents a decline compared with the common wage in March this 12 months, when warfare with Iran broke out, which was NIS 15,921, 8.8% greater than in March 2025.

The explanation for the year-on-year rise just isn’t essentially a considerable rise in pay, however reasonably layoffs of low-paid staff due to restrictions imposed by the Residence Entrance Command, a phenomenon seen much more strongly in the course of the Covid pandemic. In truth the variety of jobs within the financial system shrank by 1.6% in April. In March, when the warfare was at its peak, the variety of jobs fell by 7.5% compared with March 2025. Even compared with the start of the 12 months there was a dramatic decline within the variety of jobs, from almost 4.2 million in January to three.8 million in March.

The know-how trade was a lot much less affected by the warfare than different sectors, and the excessive pay in that sector is a part of the explanation that the economy-wide common was skewed upwards, as know-how staff remained of their jobs whereas others had been laid off or placed on unpaid depart. The common wage within the know-how sector was NIS 38,467, 4.3% greater than in March 2025.

The variety of jobs within the know-how sector was unchanged year-on-year, which meant that for the primary time for a very long time it surpassed 10% of all jobs, reaching 10.4%.

Printed by Globes, Israel enterprise information – en.globes.co.il – on June 4, 2026.

© Copyright of Globes Writer Itonut (1983) Ltd., 2026.


Tags: averagehigherlayoffslowpaidPayskewworkers
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