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Economy of Jerusalem


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land in Tel Aviv zoned for industry and infrastructure is twice as high, and in Haifa, seven times as high. Only 8.5% of the Jerusalem District work force is employed in the manufacturing sector, which is half the national average (15.8%). Higher than average percentages are employed in education (17.9% vs. 12.7%); health and welfare (12.6% vs. 10.7%); community and social services (6.4% vs. 4.7%); hotels and restaurants (6.1% vs. 4.7%); and public administration (8.2% vs. 4.7%). Although Tel Aviv remains Israel's financial centre, a growing number of high tech companies are moving to Jerusalem, providing 12,000 jobs in 2006. Northern Jerusalem's Har Hotzvim industrial park is home to some of Israel's major corporations, among them Intel, Teva Pharmaceutical Industries, Ophir Optronics and ECI Telecom. Expansion plans for the park envision one hundred businesses, a fire station, and a school, covering an area of 530,000 m (130 acres).

Since the establishment of the State of Israel, the national government has remained a major player in Jerusalem's economy. The government, centered in Jerusalem, generates a large number of jobs, and offers subsidies and incentives for new business initiatives and start-ups.

In 2010, Jerusalem was named the top leisure travel city in Africa and the Middle East by Travel + Leisure
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