Friday, September 17, 2010

Israel - the unequal society

The richest 20% of Israelis made 40.6% of total household income last year, while the poorest 20% earned only 6.3% of the total.

Average household income is also dropping. The average household income from all sources - work, investments, allowances and other sources - is NIS 13,578 per month, a 1.5% drop in inflation-adjusted terms from 2008.

From Haaretz

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