Archive: 7/26/2007
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  7/26/2007, Av 11, 5767

Wages To Rise 5 Percent in Two Years


The union-government agreement to end the strike will result in a five percent wage increase in the next two years, with a three percent hike this year and a two-per cent hike in 2008. Workers are returning to work, but the agreement is dependent on a final agreement next week.

Histadrut leader Ofir Eini said Thursday morning that the agreement promises labor peace until 2009.