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Israeli Workers Face Disappointment in July Paychecks Amid Rising Living Costs
Israeli workers receiving July paychecks in early August face disappointment as unchanged vacation pay and tax benefits favoring high earners fail to ease financial strain amid rising living costs and fuel prices.
2 newsrooms · 1 language · since
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What happened
- 01July paychecks show no significant income improvement for most Israeli workers.
- 02Vacation pay in the private sector remains unchanged, disappointing employees.
- 03Tax bracket changes benefit only high earners above 16,150 shekels gross monthly.
- 04Most workers earn below this threshold, so net income stays nearly the same.
- 05Rising general prices and fuel costs offset any small paycheck increases.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- Centre1
- Right1
- HarediNone
- ArabNone
How it broke
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