In January 2024, the average salary in Israel decreased compared to December 2023, according to the Central Bureau of Statistics. The average salary at current prices decreased by 527 shekels (3.92%) to 13,171 shekels, while the average salary in constant prices decreased by 459 shekels to 11,238 shekels. Despite this decrease, the total number of employees in Israel increased by 0.5% from December 2023, totaling 3 million and 906 thousand people. However, this number was still 25% less than in January 2023.
In the Israeli high-tech sector, the average salary in January 2024 decreased by 6.36% to NIS 30,126 per month compared to December 2023. The total number of employees in the high-tech sector also increased by 1.7 thousand people to 398.5 thousand people. Within this sector, there were two main groups: manufacturing and services. There were a total of