Economy
According to CBS, there were 31,528 salaried workers and 2,648 self-employed in Kfar Saba in 2000. The mean monthly wage in 2000 for a salaried worker was ILS 7,120, a real change of 10.1% over the course of 2000. Salaried males had a mean monthly wage of ILS 9,343 (a real change of 9.9%) versus ILS 5,033 for females (a real change of 9.7%). The mean income for the self-employed was 8,980. 1,015 people received unemployment benefits and 1,682 people received an income guarantee.
In May 2004 the exploration company Givot Olam said that the Meged-4 oil well, located northeast of Kfar Saba, has exceeded original predictions and contains an extremely valuable deposit of oil.
Read more about this topic: Kfar Saba
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)