Israel Monthly Wages in Manufacturing Index - Forecast

Wages in Manufacturing in Israel is expected to be 119.00 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 115.88 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.


Forecast Data Chart
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Israel Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 4 3.9 3.6 3.7 3.6 3.4
Employed Persons 3902 3952 3976 4000 4024 4239
Unemployed Persons 156 162 150 156 158 157
Job Vacancies 105986 106687 106735 106731 106730 106730
Wages 10543 105000 108000 10722 10782 113000
Wages in Manufacturing 118 119 128 116 116 128
Minimum Wages 5300 5300 5500 5500 5500 5700
Population 8.81 9 9.02 9.06 9.1 9.2
Retirement Age Women 63.33 63.33 63.33 63.33 63.33 64
Retirement Age Men 68.33 68.33 68.33 68.33 68.33 69
Labor Force Participation Rate 64 63.97 63.97 63.97 63.97 63.97
Employment Rate 61.6 61.2 61.57 61.57 61.57 61.4