Labor Organization: Gaza’s economy has shrunk by 85%, pushing 2.3 million into poverty

Labor Organization: Gaza’s economy has shrunk by 85%, pushing 2.3 million into poverty

Unemployment rates in the Gaza Strip have jumped to nearly 80 percent since the outbreak of war between Israel and Hamas, with the Strip’s devastated economy facing an almost complete collapse, according to a recent report by the United Nations International Labor Organization.

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