Israel Wage Data: Average Salary Rises as High-Tech Jobs Contract

Israel's average wage rose according to official statistics, but reports indicate a contraction in high-tech positions alongside wage declines in top professions.

Data from Israel's Central Bureau of Statistics points to a rise in the average wage across the economy, alongside mixed trends in the high-tech sector. According to a report by Maariv, the average wage in Israel increased by 3.4 percent, whereas channel i24NEWS reported an increase of 4 percent.

According to the reports, the number of positions in the high-tech industry contracted. Maariv noted that wage gaps remain substantial, with high-tech salaries nearly 2.7 times higher than in the rest of the economy. However, pay in the most sought-after profession in the sector fell by about NIS 5,000, standing at NIS 42,886 per month.

Further details regarding the full breakdown of the data have not yet been released.