Israel Monthly Wages in Manufacturing Index  Forecast


Wages in Manufacturing in Israel is expected to be 111.60 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 111.36 in 12 months time. In the long-term, the Israel Monthly Wages in Manufacturing Index is projected to trend around 110.59 Index Points in 2020, according to our econometric models.


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Israel Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.1 4.7 4.5 4.6 4.3 5.5
Employed Persons 3811 3828 3834 3837 3839 3825
Unemployed Persons 167 182 179 178 180 187
Job Vacancies 105915 67385 72570 73559 73329 71217
Wages 10125 10125 10122 10119 10116 10090
Wages in Manufacturing 116 112 112 112 111 111
Minimum Wages 5000 4881 5043 5125 5206 5300
Population 8.63 8.8 9 9 8.88 9.2
Retirement Age Women 63 63 63 63 63.19 64
Retirement Age Men 68 68 68.33 68.33 68.19 69
Labor Force Participation Rate 63.8 63.84 63.83 63.81 63.8 63.75
Employment Rate 61.3 61.1 61.29 61.24 61.21 61.4