Twice as many Israelis at risk of poverty as in EU

Central Bureau of Statistics: 31% of Israelis were at risk of poverty in 2010, up from 27% in 2000, and compared with the 16% average in the EU.

31% of Israelis were at risk of poverty in 2010, up from 27% in 2000, and compared with the 16% average in the EU, the Central Bureau of Statistics reported today in "Israel in Comparison with the OECD Countries & the EU", to mark International Day for the Eradication of Poverty.

The Central Bureau of Statistics said that Israel lags behind Spain and Greece, the two countries with the highest risk of poverty, where 20% of the population were at risk of poverty.

In Israel, 43% of single-parent households were at risk of poverty in 2010. The risk of poverty among Israeli children was 40% - double the EU average of 20%.

On other variables, Israel compared favorably with the OECD: in 2011, the employment rate of Israelis aged 25-64 was 72.1%, compared with the OECD average of 70.8%, and the unemployment rate in this age group was 5% in Israel compared with the OECD average of 7%. 31% of Israelis aged 25-64 had a higher degree in 2010, compared with the OECD average of 22%.

Published by Globes [online], Israel business news - www.globes-online.com - on October 17, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

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