Economy
The main employers are local and regional industry (53% of employed residents) and services and commerce. Most of those are employed in industry work in local factories such as Agis-Perrigo (Careline cosmetics and pharmaceuticals), Negev Ceramics, Phoenicia Glass Works (which moved to Yeruham from Haifa in 1968) Brand Metals, Ackerstein, Yehu Clays, TTK electronics, and Tempo (some of which utilize raw materials from the region). The rest of those employed work in the surrounding region in companies such as, Ramat Hovav, Negev Nuclear Research Center, Dead Sea Works, Soroka Medical Center in Beer Sheva, Ben-Gurion University, and in Sde Boker. Yeruham has suffered in the past from high unemployment rates, although today the rate is lower than the national average.
Tourism projects include development of the Lake Park and Large Makhtesh. Professional training programs in computers, chemistry, engineering and other fields needed by industry. Local industrial zones have doubled in size and offer space for rental and construction.
Up to 2011, residential construction in Yeruham had been done in a non-profit manner, either by Amidar or the residents themselves. In anticipation of military personnel moving into Yeruham to server in the future adjacent City of Training Bases, land had been released for private for-profit construction.
Read more about this topic: Yeruham
Famous quotes containing the word economy:
“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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)