As tourist season returns to Israel, there are many options to enjoy, but the best ones make you feel good inside and out. Hikes are good exercise, and Israel has amazing restaurants and spas, but …
Coronavirus crisis takes brutal toll on Israel s middle class
NII report shows Israeli families’ standard of living plummeted in 2020, with average income decreasing by 22.7%; the main victims of this downturn were members of the middle class who suddenly found themselves unable to put food on the table
The Media Line |
Published: 01.29.21 , 08:54
Out of work and burdened with soaring expenses, a growing proportion of Israel’s middle class is being plunged into poverty.
Roughly 800,000 Israelis are out of work, figures from the Israeli Employment Service published earlier this week show. Of those, 150,000 lost their jobs in the past few weeks alone after the start of the third nationwide lockdown due to the coronavirus pandemic.