Articles

The average monthly income of the upper decile is 12 times greater than the income of the lower decile - according to a report from the Ripple Center, published Wednesday, which shows an increase in income gaps between the rich and the poor. In addition, the report shows that most rental income goes to the top deciles and that the middle class in Israel is the smallest in the OECD countries. According to the report, in 2018, the average gross income of households headed by an employee was NIS 66,584 in the top decile - compared with 5,501 in the lower decile only. In the last three years,...

A few days before the elections, the Ministry of Construction and Housing announced the opening of another lottery price draw for residents - for 851 housing units in the north. Of the total lottery apartments, approximately 662 apartments in Haifa, 170 apartments in the Galilee landscape, and 19 apartments in Hatzor HaGlilit. The lottery registration - will close on March 12, and the lottery results will be delivered to the winners in the following two weeks. The Ministry of Construction and Housing and the National Housing Office of the Ministry of Finance said that as part of the...

The year 2020 is opening up in the mortgage market: According to data published by the Bank of Israel, new residential mortgages in January totaled NIS 6.1 billion. This is an increase of 16.5% compared to January last year (NIS 5.2 billion). It is also up more than 6% in January compared to each of the past few months (except December, which was an all-time high). The data shows that the increase in mortgage recycling continues. Last January, the volume of recyclables stood at NIS 465 million, more than double that of January 2019. The figures also show that NIS 723 million was borrowed...

The Innovation Authority's Human Capital Report and Start-Up Nation Central show an alarming picture of the state of employment. The number of high-tech industry employees rose significantly in 2019 to 321,000 employees, accounting for 9.2% of all employees in the economy - up 8% from 2018. On the other hand, besides the large increase in the number of employees, the demand for workers is only rising, and as of July 2019, approximately 18,500 open technology jobs have been registered in the non-staffed industry and were not filled. Aharon Aharon, CEO of the Innovation Authority, said, "We...

The aerospace industry will partner with the international accelerator MassChallenge, to launch a path for the development of unique sensor technologies called Future Sensing. This track is designed for startups that develop sensors in high frequency, quantum, photonics, acoustics, ultrasonic and any disruptive technology in the world of sensing, or fusion of information from sensors. The aerospace industry will operate through its subsidiary Elta, offering start-ups a significant collaboration that includes access to customers and markets around the world that Elta operates, and...

25% of fathers say they do not exercise their parenting rights because of the corporate culture that does not allow them, according to a survey conducted by the Division for Gender Equality at the Civil Service Commission, on the occasion of Family Day held on Wednesday. Many fathers have stated that they fear the response in the ministry if they start taking advantage of the parenting rights they are entitled to. "I feel that fully utilizing parenting rights will prevent me from performing my job well and therefore choose to take advantage of only some of the rights," says a father who...

After four years of research funded by the Ministry of Science and Technology, researchers at the Migal Institute of Coronary Virus Vaccine (IBV) developed successfully in preclinical trials and genetically modified for the corona virus vaccine. Minister of Science and Technology Ophir Akunis welcomed the new revelations of the study: "Hope and believe there will be further progress soon." Minister Akunis instructed his office manager to quickly promote possible collaborations that would enable vaccines for humans as soon as possible

Corona Crisis Signal at El Al Company Announces First Dismissal Today. Students of 5 flight attendants, at various stages of the course, had to return their employee card today and were notified that the course had been stopped. It's about 100 people. In the meantime, 60 pilots admitted to the company and not yet accredited - will not be admitted into the company. These are pilots recruited in April. In light of the situation El Al was in, a message was circulated among the air crew that discussions were being held about the fate of the various promotion and diversion courses with the aim...

A resounding failure of the Blue and White Party and tremendous success for Prime Minister Benjamin Netanyahu. The Likud is close to achieving the necessary majority of 61 Knesset members. Exit models show that the Likud won between 36 and 37 seats, while Blue and White suffers from 32 to 33 seats. The ultra-Orthodox win 17 seats in the Knesset. Shas with 9 and Torah Judaism gets 8 seats. The voting rate is particularly high 71%. The left in Israel is crashing.The joint Arabic list receives between 14 and 15 seats.Right takes 7 seats, Avigdor Lieberman's party Israel Beitano receives...