Quarter of million people out of work in Gaza

Unemployment in Gaza
Unemployment in Gaza

Gaza – Gaza Post – The Gaza Strip’s economy at the end of 2021, according to Maher al-Taba’a, Director of the Chamber of Commerce and Industry in Gaza.

With nearly a quarter of a million people out of work, the Gaza Strip’s unemployment rate has topped 50%.

According to the World Bank, the Gaza Strip has the world’s highest unemployment rate, with 78 percent of young people and graduates aged 20 to 29, who have a certificate in the Gaza Strip, an intermediate diploma, or a bachelor’s degree unemployed.

The poverty rate in Gaza increased to 64%, with 69 percent of Gaza Strip households experiencing food insecurity.

(Source / 28.12.2021)

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