World

UN Agency: More than 60% of jobs lost in Gaza during war

The International Labour Organization reported on Monday that more than 60% of jobs in Gaza had been lost since the Israel-Hamas conflict, contributing to the enclave’s precarious economic situation.

The ILO stated in its initial estimate of the impact of Israeli ground and air strikes on Gaza, which began following Hamas militants’ deadly cross-border incursion on October 7 that the losses total 182,000 jobs in the small Palestinian territory.

“Our initial assessment of the repercussions of the tragic current crisis on the Palestinian labor market has yielded extremely worrying results, which will only worsen if the conflict continues”, stated Ruba Jaradat, ILO Regional Director for the Arab States, adding that the crisis would reverberate for many years to come for jobs and businesses.

Even before the war and the tightening of Israel’s economic embargo on the Gaza Strip, about half of the 2.3 million Palestinians living in the narrow coastal enclave were poor.

Also read: US President and Netanyahu talk about tactical pauses in Gaza

Spriha Rai

Recent Posts

‘Garv Se Kaho Yeh Swadeshi Hai’: PM Modi Reinforces Call To Buy Local Ahead Of Diwali

Ahead of Diwali, Prime Minister Narendra Modi urged the public to celebrate the festival by…

24 mins ago

Yogi Adityanath Lights Over 1.51 Crore Lamps In Uttar Pradesh; Record 26 Lakh Diyas Illuminate Ayodhya Dham

Uttar Pradesh CM Yogi Adityanath announced that 1.51 crore lamps were lit across the state,…

2 hours ago

UAE’s Sheikh Mohammed & Global Envoys Greet India On Diwali

Leaders and diplomatic missions from the UAE, Singapore, and Iran extended warm Diwali wishes to…

2 hours ago

PIB Debunks Viral WhatsApp Message On Alleged Social Media & Call Monitoring Rules

The Press Information Bureau (PIB) has declared as false a viral WhatsApp message claiming government…

2 hours ago

Prez Murmu & VP Radhakrishnan Extend Warm Diwali Greetings; Urge Responsible Celebration

Prez Murmu and Vice President CP Radhakrishnan have wished citizens a happy Diwali, urging everyone…

3 hours ago

Obesity Linked To Alzheimer’s Risk In Adults With Down Syndrome, Study Finds

Obesity, not metabolic syndrome, is linked to higher Alzheimer’s risk in adults with Down syndrome,…

4 hours ago