776,500 Israeli children live in poverty

The annual poverty report, released by the National Insurance Institute showed a marked increase in nearly all measurements of poverty in Israel, as Ynet said.
A marked increase was measured in the amount of families, individuals, and children living in poverty in the 2014 poverty index. This after a measured decline in poverty levels in 2013. A steady rise was also measured in the equality index, poverty in the Arab sector, and "poor workers," all the while those considered "poor" by the state have become poorer. These are the difficult conclusions that arise from poverty report released on Wednesday by the National Insurance Institute.
The report indicated that 1,709,300 of Israel's citizens live below the poverty line. Israel's poverty levels were among the highest in the developed world. Among others, the statistics refer to 444,900 families and 776,500 children. Israel is currently ranked second from the bottom in terms of poverty and childhood poverty within the OECD.
According to the report, the number of families living in poverty rose from 18.6% in 2013 to 18.8% in 2014. Poverty among residents also rose from 21.8% to 22.0% - and the percentage of children living in poverty rose from 30.8% to 31%.