Israel Monthly Wages in Manufacturing Index - Forecast

Wages in Manufacturing in Israel is expected to be 115.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Israel to stand at 128.00 in 12 months time. In the long-term, the Israel Monthly Wages in Manufacturing Index is projected to trend around 128.00 Index Points in 2020, according to our econometric models.


Israel Monthly Wages in Manufacturing Index
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Israel Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 3.9 3.8 4.1 3.6 3.4 3.4
Employed Persons 3880 3831 3831 3831 3831 3831
Unemployed Persons 148 169 169 169 169 169
Job Vacancies 105631 102950 103250 103285 103283 103283
Wages 10457 104000 105000 105000 108000 113000
Wages in Manufacturing 126 115 113 119 128 128
Minimum Wages 5300 5300 5300 5300 5500 5700
Population 8.81 9 8.92 9 9 9.2
Retirement Age Women 63.33 63 63 63.33 63 64
Retirement Age Men 68.33 68.33 68 68.33 68 69
Labor Force Participation Rate 63.7 63.67 63.6 63.62 63.61 63.61
Employment Rate 61.3 61.39 61.35 61.2 61.36 61.4