Unemployment in Palestine Records a Noticeable Drop

  • Jerusalem, Palestine
  • 10 August 2021
1

The unemployment rate in the Palestinian labor market decreased, during the second quarter of the current year 2021, to 26.4 percent, with the continued recovery of the local economic sectors from the consequences of the Corona pandemic.

The Palestinian Central Bureau of Statistics (governmental) revealed that the unemployment rate in the local market, according to the concept of the International Labor Organization, was recorded at 26.4 percent, down from 27.8 percent in the first quarter of 2021.

The International Labor Organization’s definition of unemployment globally excludes some groups in society without work, including those who are frustrated in searching for a job, and those who work a few hours per week, as well as those who want to work but are not looking for it.

The total number of individuals without work in the local market according to the above classifications, in addition to those subject to the concept of unemployment, reached about 521,000 individuals, but the number of the unemployed, who meet the definition of the organization, is 366 thousand individuals. The number of the unemployed in the West Bank reached 154 thousand at the end of the second quarter, and 212,000 in the Gaza Strip, where the unemployment rate was 45 percent, compared to 17 percent in the West Bank.

Source (The New Arab Newspaper, Edited)