Reply To: Its impossible to make a living in Israel

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#1983174

just as a factual reference: Israeli GDP per person was 100% of OECD during Bibi’s first term – 1996-99. Then, went into a free fall in 2000-2008 to 80%, and started increasing back when Bibi became prime-minister again in 2009 at average rate of 1% per year, now being at 91% of OECD.

Unemployment rate was 9%, 2% over OECD in 2005, reached OECD in 2008, and is by 1.5% better than OECD from 2010 till now (3.8% in 2019).

In 2009, 20% of Israeli and OECD unemployed were “long term”. In 2019, it is 6% in Israel, 26% in OECD. 40% in France. 57% in Italy. 19% in US (after reaching 30% in 2010). So, Israel does not have long-term unemployment. At least according to official stats …

Average wages, though, are lower and again correlate strongly with Bibi’s reign:
increasing from 82 (or 77, a suspicious number in OECD stats) to 86% of OECD from 1996 to 2001, falling to 76% in 2004, up to 78% in 2007, down to 73% in 2010, then almost straight up to 81% in 2019, 1% per year increase.

To summarize, Israelis work as Americans and live like Italians.