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Rising Costs. Stagnant Salaries. Real Problem

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sunday

Israel Is Getting More Expensive. Our Salaries Aren’t. That Gap Is Becoming Dangerous.

There’s a conversation happening quietly across Israel right now, and it’s not about interest rates or even just real estate prices. It’s about something more basic: people are working, and still falling behind.

We’re in the middle of a reality where the cost of living keeps climbing. Rent is up. Food is up. Owning an apartment feels further away for most people than it did just a few years ago. And layered on top of all of this, we’re dealing with the uncertainty of war, reserve duty, and an economy that’s trying to hold itself together under pressure.

At the same time, something else is happening that isn’t getting enough attention. Companies are quietly restructuring, combining roles, and cutting costs. One position becomes two. Two become one. Expectations go up, but salaries don’t move with them.

From a business........

© The Times of Israel (Blogs)