68% of Jews are confident that they will return to work after Corona crisis - 42% among Arabs

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by Ifi Reporter Category:Financial Apr 21, 2020

68% of Jewish workers are confident that they will return to work at the end of the Corona crisis, compared to 42% among Arab workers, according to a survey by the Israeli Democracy Institute. The survey was conducted the week before Passover, between March 29 and April 2, among a representative sample of the working population in Israel. The survey was initiated, drafted and analyzed by the Center for Governance and Economics at the Israeli Institute of Democracy, assisted and methodologically supervised by the Guttman Center for Public Opinion and Policy Studies, when field sampling was conducted through a sample company.
The survey found that between 35% and 40% of employees, Jews and Arabs, went on vacation without pay, 11% part-time and 45% to 48% full-time. About 50% of employees, both Jews and Arabs, expect a reduction in their wages.
Thirty-four percent of Jewish workers answered that they either work or only work from home during the crisis, compared to 23 percent of Arab workers. 25% of Jewish workers come to the workplace, compared to 33% among Arab workers. 42% of Jewish workers and 39% of Arab workers claimed that they work from home as efficiently as in the workplace.
Every fifth Jewish worker (21%) responded that he had no liquid money, while for Arab workers it was 42%. 72% of Arab workers said they could not live longer than two months without using savings, compared to 44% of Jewish workers. Every third Arab worker (29%) said they would not last a month without using savings, compared to 16% for Jewish workers.
The survey also found that the number of Arab company employees who were in the overdraft was almost twice as high (53%) compared to Jewish society (29%). 53% of Arab workers said they thought or were confident of going into overdraft, compared to 35% of Jewish workers.
33% of Arab workers said that they wanted or requested a loan in the future, compared to 14% of Jewish workers. 29% of Jewish workers said they were paying a mortgage, compared to 9% of Arab workers. Meanwhile, 49% of Arab workers have a fixed loan that they have to repay, compared to 31% of Jewish workers.
The survey also found that the number of Arab company employees who were in the overdraft was almost twice as high (53%) compared to Jewish society (29%). 53% of Arab workers said they thought or were confident of going into overdraft, compared to 35% of Jewish workers.
33% of Arab workers said that they wanted or requested a loan in the future, compared to 14% of Jewish workers. 29% of Jewish workers said they were paying a mortgage, compared to 9% of Arab workers. Meanwhile, 49% of Arab workers have a fixed loan that they have to repay, compared to 31% of Jewish workers.
On the question of what grade would you give the government to deal with the economic challenge posed by the Corona epidemic on a scale of 1 (worse) to 5 (excellent), the score of Jewish workers was 2.55, compared with 2.37 of Arab workers. In the health sector, the score for Jewish workers was 3.35, compared with 2.58 for Arab workers.
Daphne Aviram Nitzan, director of the Center for Governance and Economics at the Israeli Institute of Democracy, said in response to the findings: "The banking system must address the shortage of liquidity and unemployment in Arab society through the immediate availability of liquidity to this population and the fulfillment of the criteria. Government for credit given to businesses today, with emphasis on small businesses and to further examine the conditions for obtaining the loan such as easing the requirement to sign a personal guarantee, reducing the bureaucracy and responding to any loan within 10 days to two weeks, all in order to avoid a situation that households in the sector will enter a cycle of poverty without Beat A buy food and basic supplies for their families, and to avoid unnecessary collapse of good business in the Arab sector (primarily self-employed and very small businesses) who had quit just because the Ministry of Health guidelines. "
Dr. Nasrin Hadad Hajj Yahya, Program Director for Arab Jewish Relations at the Israeli Institute of Democracy, said: "If there is today the first and second Israel, Arab society is the third Israel. The Arab public is not in the minds of decision makers routinely, and certainly not in times of crisis, This period requires the provision of credit in the setting of government targets. 47% of families in Arab society are poor and average wages almost twice as high as the Jewish public, employment rates among Arab women are very low (38%), and even those who work are most often in beginning, senior and unemployed jobs and will be the first to leave the labor market during the crisis and the last to return. . On Thursday, Ramadan will start and household spending will increase by at least 30% on average. Just as the state put its hand in the Pesach pocket and gave families a grant, there is an expectation that the state will do this as well. "
On the question of what grade would you give the government to deal with the economic challenge posed by the Corona epidemic on a scale of 1 (worse) to 5 (excellent), the score of Jewish workers was 2.55, compared with 2.37 of Arab workers. In the health sector, the score for Jewish workers was 3.35, compared with 2.58 for Arab workers

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