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News - Globes

Quantum computing co Q-Factor raises $24m Boaz Levy to become Israel Aerospace chair Banks' efficiency drives spark worker unrest Teva acquires Emalex Biosciences for up to $900m Gasoline prices to rise again Thursday night Deputy budget commissioner warns on �trauma economy� Israel drops key demand on Wizz Air hub Gedera house sells for NIS 5.53m Huge Crusoe Afula deal boosts Israel’s data centers sector Quantum Art extends Series A financing to $140m "Globes" poll of polls shows Beyachad brings opposition no gain Nvidia leases space for labs in Rishon Lezion Shekel-sterling rate heading below NIS 4/£ Shapir mulls buying control of Ashdod Refinery for NIS 1b Banks ask court to declare Nochi Dankner bankrupt Strong semiconductor sentiment boosts Ceva Yair Lapid and Naftali Bennett merge parties Supreme Court orders financial sanctions for draft evaders Israeli tech employees hold stock options worth NIS 150b Home price gap narrows between Tel Aviv and nearby cities Meta to lay off 100 employees in Israel EU regulator extends advisory not to fly to Israel Lyft buys Gett's London taxi-hailing operation Mobileye up sharply after beating analysts on Q1 Cyera buys Israeli startup Ryft for over $100m Israir to launch Israel-US flights in summer Ondas Israel unit to protect World Cup venues from drones Elbit awarded $200m IDF airborne munitions deal Study: IDF Talpiot program excels in producing entrepreneurs Israel's population grew 1.4% over past year
Layoffs of low-paid workers skew average pay higher
Idan Eretz · 2026-04-06 · via News - Globes

The average wage in April was 4% higher than in April 2025, though  lower than in March.

According to initial estimates by the Central Bureau of Statistics, the average monthly gross wage of Israeli workers in April this year was 4% higher than in April 2025, at NIS 14,409. This represents a decline in comparison with the average wage in March this year, when war with Iran broke out, which was NIS 15,921, 8.8% higher than in March 2025.

The reason for the year-on-year rise is not necessarily a substantial rise in pay, but rather layoffs of low-paid workers because of restrictions imposed by the Home Front Command, a phenomenon seen even more strongly during the Covid pandemic. In fact the number of jobs in the economy shrank by 1.6% in April. In March, when the war was at its height, the number of jobs fell by 7.5% in comparison with March 2025. Even in comparison with the beginning of the year there has been a dramatic decline in the number of jobs, from nearly 4.2 million in January to 3.8 million in March.

The technology industry was much less affected by the war than other sectors, and the high pay in that sector is part of the reason that the economy-wide average was skewed upwards, as technology workers remained in their jobs while others were laid off or put on unpaid leave. The average wage in the technology sector was NIS 38,467, 4.3% higher than in March 2025.

The number of jobs in the technology sector was unchanged year-on-year, which meant that for the first time for a long time it surpassed 10% of all jobs, reaching 10.4%.

Published by Globes, Israel business news - en.globes.co.il - on June 4, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.

Average wage in Israel credit: Shutterstock Rita Kapitulski

Average wage in Israel credit: Shutterstock Rita Kapitulski