Economy
According to CBS, as of 2000, in the city there were 3,735 salaried workers and 501 are self-employed. The mean monthly wage in 2000 for a salaried worker in the city is ILS 3,415, a real change of −2.3% over the course of 2000. Salaried males have a mean monthly wage of ILS 4,110 (a real change of 0.2%) versus ILS 1,660 for females (a real change of −20.5%). The mean income for the self-employed is 4,993. There are 338 people who receive unemployment benefits and 1,520 people who receive an income guarantee.
Baqa al-Gharbiyye is considered a commercial and industrial center for nearby towns, villages and kibbutzim. There are over 400 workshops in Baqa. Industrial zones make up 8.5% of city's area.
Read more about this topic: Baqa Al-Gharbiyye
Famous quotes containing the word economy:
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)