Gaza’s Unemployment Rate Highest In The World

By : Geo Beats

Published On: 2015-05-28

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According to a recent World Bank report, Gaza’s economy is in dire condition with the highest unemployment rate in the world at 43 percent and more than a third living below the poverty line.

Years of turmoil have left one region of the world in dire economic condition. 
According to a recent World Bank report, Gaza in the Middle East has the highest unemployment rate in the world at 43 percent and an even higher youth unemployment rate which exceeded 60 percent at the end of last year. 
Overall, the group estimates that the area’s GDP is about a quarter the size it would have been without the blockades and skirmishes. 
As a result, 39 percent of the population lives under the poverty line and almost 80 percent sustain themselves with so

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