News Briefs

  תמוז 25, 5768 , 28/07/08

U.N. Says Gaza Has World Highest Jobless Rate

Unemployment in the Gaza region stands at 45 percent, the highest in the world, according to a report issued by the United Nations Relief and Rehabilitation Administration. It noted that nearly all of Gaza's factories have shut down in the past several years. The unemployment rate in Judea and Samaria was estimated at 25 percent.

The report blamed Israel's closure of the Gaza crossings and restrictions of fuel as causes for the disastrous state of the economy. It did not note that the Gaza economy was flourishing before the Oslo War broke out almost eight years ago.

Other archived news briefs:Jul 28 2008, 05:00 PM, 7/28/2008