Construction workers in Israel have become the latest sector of the Israeli economy to see their salaries fall in the last year.
According to a report released by the Israeli Labor Ministry, the construction industry in Israel is facing a hard economic climate, as construction workers’ salaries have fallen by nearly 40 percent over the last five years.
According for 2016, construction workers earned an average of 6,872 shekels ($24) per month, down from an average 7,914 shekel ($32) per year in 2015.
This was an increase of nearly 40%.
In 2016, it was reported that there were 7,000 construction workers employed in Israel.
As a result of the low wages, construction projects have become more expensive.
In 2015, an average monthly construction salary in Israel was 1,000 shekells ($30), down from 2,400 shekelis ($38) in 2014.
In 2015, the average construction salary was 1.2 million shekeles ($48), up from 1.07 million shekelis ($36) in 2013.
The government’s Economic Planning Committee released a report in March 2016 saying that the cost of construction projects is increasing in Israel and the country is facing “a severe shortage of qualified workers.”
The Economic Planning Department reported that the Israeli Construction Association (IDA) estimates that construction workers in 2017 will earn only 4,200 shekelen, or around $32,000.
However, the IDA also estimates that the construction labor shortage will remain, at least for a while, as the number of construction workers rises.
The unemployment rate among construction workers is currently 5.4 percent.
The IDA estimates that this shortage will continue until the construction of a new building is completed, but the number working in construction has fallen by about 50 percent over last five or six years.
The construction industry has a very high unemployment rate.
According to the Israeli National Council for Civil Rights (ANCR), approximately 1 in every 6 workers in the construction sector are unemployed, according to the Ministry of Industry and Information Technology.
This is due to a lack of skilled labor.
According the Israeli Association for Civil Liberties, around 70 percent of construction labor in Israel, and approximately 80 percent of all construction workers, are undocumented.
Israel has the largest population of undocumented workers in Europe, with 1.3 million undocumented workers.
Despite the growing labor shortage, Israeli construction workers continue to receive some of the highest salaries in the world.
According in a 2016 report from the Ministry for the Economy and Planning, the median monthly salary in the country for construction workers was 4,800 shekeld ($30).
This was the highest average monthly salary, but only a fraction of construction employees earn this amount.
According for the last four years, construction companies are able to pay workers about 40 percent more than they paid their counterparts in 2015 and 2016.