The organization added on Thursday that the economic output in the Strip has shrunk by 85 percent since the war began more than a year ago, pushing almost all of its 2.3 million residents into poverty.
The organization stated that the conflict caused “widespread and unprecedented devastation of the labor market.” And economics Generally” in Palestinian sector.
And in West BankThe organization said that the unemployment rate reached 34.9 percent between October 2023 and the end of September 2024, and the economy there shrank by 21.7 percent compared to the previous year.
The organization indicated that the unemployment rate in Gaza Strip Before the war, it was 45.3 percent, and in the West Bank it was 14 percent.
She said that the labor force in the Gaza Strip was either lost Jobs Completely or turned to informal and irregular work “focused primarily on providing necessary goods and services.”
Israel began a military campaign on the Gaza Strip after an attack carried out by Hamas on October 7 of last year. Israel says that attack killed 1,200 and took about 250 hostage.
Health authorities in the Gaza Strip say that the Israeli military campaign has so far resulted in the deaths of more than 42,000.
United Nations satellite data indicate that two-thirds of the buildings and facilities in the Gaza Strip that existed before the war were destroyed or leveled, meaning more than 163,000 buildings.
Israel says that the goal of its operations is to eliminate Hamas fighters who are hiding in tunnels and among civilians.
The crisis and its repercussions extended to the West Bank, as the International Labor Organization indicated that the Israeli barriers and restrictions imposed on the movement of individuals and goods and on cross-border trade and the obstacles facing distribution through supply chains have negatively and severely affected the economy there.
Israel says that what it is doing in the West Bank is necessary to combat armed groups supported by… Iran Preventing harm to Israeli civilians.
Ruba Jaradat, Regional Director for Arab Countries at the International Labor Organization, said, “The impact of the war on the Gaza Strip is evident beyond the loss of lives, deteriorating humanitarian conditions, and material destruction.”
She continued, saying, “(The war) radically changed the socio-economic landscape in Gaza, and it also severely affected the West Bank’s economy and its labor market. This impact will extend for generations to come.”
