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The Slow-Down Nation? Israel Is Losing Trained Tech Manpower

Rising labor costs eating away at its competitive edge
Israel's Prime Minister Benjamin Netanyahu.

Israel's Prime Minister Benjamin Netanyahu.

Ahikam Seri/Pool/AP

Israel, better known as start-up nation, may be at risk of a new nickname. The slow-down nation.

A victim of its own success, perhaps. As Israel transitions from developing darling to developed economy, rising labor costs are eroding manufacturers’ competitive edge. A declining number of trained manpower for the technology sector is also having significant negative impact.