Archive for the ‘Wealth Gap’ tag
A new study maps the ethnic component of each of the economic decile’s of Israel’s population. According to the study, approximately 47 percent of the top decile are Ashkenazim, while they make up only 25% of the total population. Only 26 percent of the top decile are Mizrahim, exactly like their proportion of the total population. 48 percent of the bottom decile are Arabs and 19 percent are Haredi. Only 6 percent of this decile are Ashkenazim, while 12 percent are Mizrahim. The study further shows that the average income of Mizrahi households is 20 percent, or 1,000 NIS, lower than in Ashkenazim households.
According to a special report prepared by the OECD, the gap between rich and poor in Israel is among the highest in the organization.