More Israelis Fall Below Poverty Line
(August 30, 2006)
According to the annual poverty report released on August 30, 2006, by the National Insurance Institute (NII), 26.2% of Israelis, comprising more than 1.6 million people, were below the poverty line in 2005 - a 1.7% jump from 24.5% in 2004.
The report also found that:
The report defined “below the poverty line” as an income of less than 1,868 NIS (approximately $430) per person per month.
Source: Jerusalem Post, (August 30, 2006)