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The Palestinian Central Bureau of Statistics published last week its employment figures for the third quarter of 2016, which paint a troubling picture of continually rising unemployment rates, and a stagnating economy. Gaza’s unemployment rose from 41.7% in the previous quarter to 43.2%, in the third quarter. Unemployment in the West Bank was much lower…
Since 2014, Israel has been ranked sixth among members of the Organization for Economic Cooperation and Development (OECD), the grouping of the world’s developed capitalist countries, in the average number of hours worked per year. The average Israel worked 1,853 hours that year, compared to an OECD average of 1,770. In Western Europe the averages…
A report issued last week by the Palestinian Central Bureau of Statistics indicates that Gaza’s unemployment rate went up to 42.7% (201,900 workers) in the third quarter of 2015, compared to 41.5% in the previous quarter. Unemployment in the West Bank is at 18.7%. The unemployment rate among women is 63.3%, while for men it…
Blockades, war, and poor governance have strangled Gaza’s economy and made the region’s unemployment rate the highest in the world today, according to the latest World Bank economic update. The report will be presented to the Ad Hoc Liaison Committee (AHLC), a forum of donors to the Palestinian Authority, at the bi-annual meeting in Brussels…