Economy
According to the CBS, there were 10,972 salaried workers and 1,033 self-employed in 2000. The mean monthly wage for a salaried worker was NIS 6,595, an increase of 11.2% over the course of 2000. Salaried males had a mean monthly wage of NIS 8,408 (a real change of 7.8%) versus NIS 4,857 for females (a real change of 13.1%). The mean income for the self-employed was 6,853. 628 people received unemployment benefits and 1,057 received an income supplement.
The Givot Olam oil company discovered oil at the Meged 5 oil field near Rosh HaAyin. The amount of extractable oil is as yet unknown.
Read more about this topic: Rosh HaAyin
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)
“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 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)