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.
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Famous quotes containing the word economy:
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)