Raising the Minimum Wage
Lesson Brief
The Marker
On December 3, The Marker reported on the decision to raise the minimum wage in Israel and the subsequent inflation. Within the food industry specifically, came mixed responses to the decision with some companies claiming that it will further erode the economy and others pointing out that Israel has a competitive market and that rising costs are part of the system.
Click and Match
- food chain
- רשת המזון
- one who earns
- מרוויח
- an agreement that's supposed to be signed
- הסכם שאמור להיחתם
- profitability
- ריוחיות
- heartbeat
- פעימה
- additional erosion (value)
- כרסום נוסף
- to constitute an expense
- להוות הוצאה, מהווה
- to consider the forecast
- להתחשב בצפי, מתחשב
- competition
- תחרות
- the food industry
- ענף המזון