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213 thousand unemployed in Gaza due to the siege and the war | Global’s Economic News

213 thousand unemployed in Gaza due to the siege and the war

213 thousand unemployed in Gaza due to the siege and the war

213 thousand unemployed in Gaza due to the siege and the war

213 thousand unemployed in Gaza due to the siege and the war

213 thousand unemployed in Gaza due to the siege and the war

Union workers in the Gaza Strip said today that the Israeli siege imposed on the sector for the eighth consecutive year and was succeeded by the recent aggression last summer, lifting the number of unemployed to the 213 thousand.

Union said in a statement that 213 thousand out of 330 thousand workers in the labor market are unemployed in Gaza, pointing out that the rate of poverty among these have averaged 70%.

According to non-governmental organization, the working class in the sector live harsh economic conditions as a result of the cumulative economic crisis, calling for Palestinian unity government to support the “most affected by the slide.”

In May, the World Bank said that the unemployment rate in the sector is the highest in the world, up to 44%, and the percentage rises to 68% among the age group of 20 to 24 years, and warned the world body that in Gaza the local economy to the brink of collapse.

According to the same report, the poverty rate among Gazans has risen from 28 to 39%, while supports four out of five living in the sector to foreign aid.

The World Bank director in the West Bank and Gaza that the current situation of the labor market in the Gaza Strip does not allow for creation of private jobs for young people, and added that the sector exports almost non-existent, and contracted the manufacturing sector increased by 60% since last year the Israeli aggression.

It said the annual report of the United Nations Conference on Trade and Development (UNCTAD) – issued earlier this month – that Gaza has become a region uninhabitable before 2020, especially with the continued deterioration of economic conditions.