Since October last year, 'the unemployment rate in Gaza has reached a staggering 79.1 percent', the International Labour Organization says.
Since October last year, "the unemployment rate in Gaza has reached a staggering 79.1 percent", the International Labour Organization says.The average unemployment rate across the occupied West Bank and Gaza combined stood at 50.8 percent, it said. / Photo: AP
Since October last year,"the unemployment rate in Gaza has reached a staggering 79.1 percent", the International Labour Organization said, citing a new brief by the ILO and the Palestinian Central Bureau of Statistics.The average unemployment rate across the occupied West Bank and Gaza combined stood at 50.8 percent, it said.
The ILO said real GDP had contracted by 83.5 percent in Gaza and by 22.7 percent in the occupied West Bank over the past eight months. Gaza's economy now represents 4.1 percent of the total Palestinian economy, down from 16.7 percent before the war.
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