DeFi Daily News
Wednesday, July 30, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Finance Business Finance

rewrite this title and make it good for SEOPay in Israel’s tech sector falls

Meytal Vaizberg by Meytal Vaizberg
December 26, 2024
in Business Finance
0 0
0
rewrite this title and make it good for SEOPay in Israel’s tech sector falls
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Salaries in Israel’s technology sector, which have always been high and which we have become accustomed to see constantly going higher, took a hit in 2024, according to a comprehensive report from placement company Ethosia, which specializes in technology jobs.

According to the report released today, for the first time since the Covid pandemic, average pay in the technology industry in Israel fell, by 3% this year, to NIS 29,900 gross monthly. This is still 2.3 times the average wage in Israel, but the decline is a significant deviation from the rising trend of recent years.

The report also reveals that those mainly impacted are the Israeli industry’s future generation. Junior employees with less than two years’ experience are in a particularly tough situation. The average time taken for them to find jobs has reached a record eleven months. From 300 junior positions a month in 2023, the market has shrunk to just a handful a month in 2024.

The report finds that the only employers currently hiring are large and international companies, and they show a preference for recruiting outstanding candidates with degrees from leading universities.

“Political and security uncertainty, a decline in investor confidence, and volatility in the global economy, have depressed the Israeli technology industry, with constraints on exports and damage to competitiveness also presenting a significant challenge,” says Ethosia CEO Eyal Solomon.

The number of job vacancies sank from 12,750 in December 2023 to 9,200 in December 2024, a decline of 28%. For the first time in a decade, the number of workers in the industry has hardly grown. At the end of 2024, the workforce numbered 417,000, representing a rise of less than 1% from the 413,000 total at the end of 2023. This compares with average annual growth of 4% in previous years.

“The rise in government spending because of the war has hit investor confidence hard,” Solomon says. “As is well known, the high-tech industry is dependent on investment from outside Israel, and this has declined by 60% in comparison with 2023. As a result, many startups have had to lay off employees, and a substantial number have shut down because of the difficulty in raising capital.”

Signs of recovery

All the same, there are some initial signs of recovery: during the time that the report was written, the number of job vacancies in the industry rose 10%.

“The decline in the intensity of the fighting and in the number of reservists on active duty, along with political certainty in the US after the election results became known, represent excellent opening conditions for 2025,” says Solomon.

“Positive forecasts from the Ministry of Finance for lower inflation and stability in interest rates will help the market to correct itself and change trend in 2025, and to return to the growth rates seen in 2022 after the pandemic, in numbers of new companies, in the number of jobs, and of course a recovery in capital raising,” he concluded.

Published by Globes, Israel business news – en.globes.co.il – on December 26, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.


and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: FallsGoodIsraelsrewriteSectorSEOPayTechtitle
ShareTweetShare
Previous Post

rewrite this title Starbucks (SBUX): A look at the challenges that continue to beleaguer the coffee giant | AlphaStreet

Next Post

Joe Rogan Experience #2248 – Michael Waddell

Next Post
Joe Rogan Experience #2248 – Michael Waddell

Joe Rogan Experience #2248 - Michael Waddell

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

November 15, 2024
Tottenham Express Interest in Buying English Star as Club Considers Selling Him

Tottenham Express Interest in Buying English Star as Club Considers Selling Him

September 28, 2024
IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

June 22, 2025
rewrite this title Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows | Bitcoinist.com

rewrite this title Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows | Bitcoinist.com

October 26, 2024
Top 19 crypto coins that will EXPLODE in July 2025!!

Top 19 crypto coins that will EXPLODE in July 2025!!

July 2, 2025
rewrite this title Visa Expands its Flexible Credential Card to the U.S. – Finovate

rewrite this title Visa Expands its Flexible Credential Card to the U.S. – Finovate

November 15, 2024
rewrite this title Solana Enters a Crucial Zone: Here’s When the SOL Price May Hit a New ATH Above 0

rewrite this title Solana Enters a Crucial Zone: Here’s When the SOL Price May Hit a New ATH Above $300

July 30, 2025
rewrite this title Surrey boost title ambitions after taking back control at Durham

rewrite this title Surrey boost title ambitions after taking back control at Durham

July 30, 2025
rewrite this title The 10 Best Fitness Tips of 2025 (So Far), Backed by Science

rewrite this title The 10 Best Fitness Tips of 2025 (So Far), Backed by Science

July 30, 2025
I Co-signed For A Car and Now They’re Going To Prison

I Co-signed For A Car and Now They’re Going To Prison

July 30, 2025
Joe Rogan Experience #2357 – Sarko Gergerian

Joe Rogan Experience #2357 – Sarko Gergerian

July 30, 2025
rewrite this title and make it good for SEOCommunity Healthcare Trust Incorporated (CHCT) Q2 2025 Earnings Call Transcript

rewrite this title and make it good for SEOCommunity Healthcare Trust Incorporated (CHCT) Q2 2025 Earnings Call Transcript

July 30, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.