Economy
According to CBS, there were 31,528 salaried workers and 2,648 self-employed in Kfar Saba in 2000. The mean monthly wage in 2000 for a salaried worker was ILS 7,120, a real change of 10.1% over the course of 2000. Salaried males had a mean monthly wage of ILS 9,343 (a real change of 9.9%) versus ILS 5,033 for females (a real change of 9.7%). The mean income for the self-employed was 8,980. 1,015 people received unemployment benefits and 1,682 people received an income guarantee.
In May 2004 the exploration company Givot Olam said that the Meged-4 oil well, located northeast of Kfar Saba, has exceeded original predictions and contains an extremely valuable deposit of oil.
Read more about this topic: Kfar Saba
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)