The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: January 25, 2025
Today: January 25, 2025

Unemployment nears 80% in Gaza, UN agency says

Palestinians inspect the site of an Israeli strike on a UNRWA school sheltering displaced people, in Nuseirat refugee camp
June 25, 2024

By Gabrielle Tétrault-Farber

GENEVA (Reuters) - Unemployment in the Gaza Strip has reached nearly 80% since the war with Israel erupted last October, the United Nations labour agency said on Friday, bringing the average unemployment rate across Palestinian territories to more than 50%.

Unemployment in the Gaza Strip has reached 79.1%, while the West Bank has seen joblessness hit nearly 32%, the International Labour Organization (ILO) said in its fourth assessment of the impact of the war on employment. The figures give a combined unemployment rate of 50.8%.

"This excludes Palestinians who have given up on finding a job," said Ruba Jaradat, ILO Regional Director for Arab States.

Unemployment nears 80% in Gaza, UN agency says
FILE PHOTO: Aftermath of an Israeli strike, in Khan Younis

"The situation is much worse."

Israel's ground and air campaign in Gaza came in response to Hamas' storming of southern Israel on Oct. 7, killing around 1,200 people and seizing 253 more as hostages, according to Israeli tallies.

The Israeli offensive has killed more than 36,500 people, according to health authorities in the Gaza Strip, where around half of its 2.3 million people lived below the poverty line even before the war.

Unemployment nears 80% in Gaza, UN agency says
Palestinians inspect the site of an Israeli strike on a UNRWA school sheltering displaced people, in Nuseirat refugee camp

"Imagine with this very high level of unemployment, people will not be able to secure food for themselves and for their families," Jaradat said.

"This is also impacting their health.... Even if they have money, there are no hospitals that can accommodate the catastrophic situation there."

In terms of the economy, the real gross domestic product (GDP) has contracted by nearly 33% in the Palestinian territories since the start of the war, with an estimated contraction of 83.5% in the Gaza Strip and by 22.7% in the West Bank, according to data published by ILO.

"In the occupied Palestinian territory and particularly in the West Bank, the reduction in incomes has pushed many families into severe poverty," Jaradat said.

(Reporting by Gabrielle Tétrault-Farber; Editing by Alexandra Hudson)

Related

Business|Economy|Political|Technology|US

He's emboldened, he's organized and he's still Trump: Takeaways from the president's opening days

Donald Trump’s first week in office isn’t over yet, but what the Republican president has done so far offers clues about how his next four years in the White House may unfold

He's emboldened, he's organized and he's still Trump: Takeaways from the president's opening days
Economy|Europe|Political|World

Moldovan president Sandu arrives in Kyiv for talks with Zelenskiy

Moldovan President Maia Sandu arrived in Kyiv on Saturday for talks with her Ukrainian counterpart Volodymyr Zelenskiy, she said in a post on the X social network.

Moldovan president Sandu arrives in Kyiv for talks with Zelenskiy
Business|Economy|Europe

UK's WH Smith says it is exploring potential sale of high street arm

British retailer WH Smith is exploring potential strategic options for its UK high street business, including a sale, it said on Saturday after media reports.

UK's WH Smith says it is exploring potential sale of high street arm
Asia|Business|Economy|Finance|Stock Markets

India's Religare says US businessman makes competing offer for stake

India's Religare Enterprises said a U.S. businessman has made a proposal to acquire a 26% stake in it, the latest twist in the battle for control of the financial

India's Religare says US businessman makes competing offer for stake
Share This

Popular

Economy|MidEast|Political|US|World

US refugee group funding suspended under Trump aid pause

US refugee group funding suspended under Trump aid pause
Business|Economy|Education|Political|Technology

Google pushes global agenda to educate workers, lawmakers on AI

Google pushes global agenda to educate workers, lawmakers on AI
Economy|Election|Political|US

Trump visits Las Vegas to discuss tax on tips

Trump visits Las Vegas to discuss tax on tips
Business|Economy|Food|US

Expect record-high egg prices for most of the year

Expect record-high egg prices for most of the year