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Private sector salaries fell further in 2008 and 2009 than public sector salaries.

May 25, 2010. Globes: Shay Niv

Bank of Israel data show that the average private sector salary fell 3.8% in 2008 and 2009. Private sector salaries were down on average 3.1% in 2009 alone.

The average public sector salary fell more moderately by 2.9% in 2008 and 2009, and by 2.1% in 2009. These figures are accepted by the Ministry of Finance's Director of Wages in his negotiations over a public sector wage agreement.

The last such agreement was signed in 2008 but the Histadrut, General Federation of Labor is current pressing for a new agreement.


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