According to the director of the UN Development Programme (UNDP) Regional Breau for Arab States, Abdallah Al Dardari the number of Palestinians living in poverty has risen by 300,000 in November 2023. Between October and November 2023 it was reported that the war had caused a 61% drop in employment in Gaza and a 25% drop in the West Bank. The Palestinian GDP was expected to have fallen about 4.2% between the same time, compared with prior estimates with a loss of about $857 million. It was expected the figure to increase to about $1.7 billion if the war continued through December 2023. In March 2024, the International Labor Organization stated unemployment had risen to 57 percent in the first quarter of 2024, with 507,000 job losses in the Palestinian Territories. More than half a million jobs lost in Gaza Strip and West Bank: ILO The International Labour Organization (ILO) says the Palestinian unemployment rate is set to soar to a staggering 57 percent in the first quarter of 2024, citing 507,000 job losses in the occupied Palestinian territory. As of January 31, about 201,000 jobs were lost in the Gaza Strip, accounting for about two-thirds of total employment in the enclave, the ILO and the Palestinian Central Bureau of Statistics said. “In addition to the devastating and catastrophic loss of life and with the people of Gaza on the brink of mass starvation, the war in Gaza has also caused an economic and social crisis that is unprecedented,” said ILO Regional Director for Arab States Ruba Jaradat. In addition, 306,000 jobs – or more than one-third of total employment – were also lost in the occupied West Bank, where economic conditions have been severely affected since the start of the war. (ICE AMMAN)

Fonte notizia: jazeera