Average Israeli Salary Rises 6.7% in June Despite Tech Sector Slowdown

The average salary in Israel increased by 6.7% from 14,263 shekels in May to 15,223 shekels in June, marking a seasonal rise after a 10.4% drop from the March peak of 15,937 shekels. This data comes from a rapid estimate of average wages for June. In the high-tech sector, average salaries rose by 2.5% from 34,870 shekels in April to 35,760 shekels in May. Despite a sharp 9.4% decline from the all-time high of 38,467 shekels in March, this represents a 13.7% increase compared to May 2025, when the average was 31,459 shekels. This increase is notable given the ongoing slowdown in demand for tech workers.

The number of salaried jobs held by Israeli employees continued to recover from the war, rising by 1.1% from 4.168 million in May to 4.216 million in June, according to a rapid estimate of salaried positions for May. However, this figure remains below the 2025 average of 4.355 million jobs and is nearly equal to the 2023 average of 4.234 million, indicating the labor market has regressed approximately three years in terms of employment numbers.