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