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  19th September 2014    Time 02:50 Jerusalem Ashrawi Condemns Extrajudicial Executions Carried Out in Gaza      Israeli Naval Boats Shoot, Injure Palestinian Gaza Fishermen      PEX Report: Index Up at End of Week's Trading      Prime Minister Expresses Deep Appreciation to International Organizations for Supporting Gaza      Premier Meets with EU Director for North Africa and the Middle East, EU Representative to Palestine      Five Palestinian Prosecutors Conclude Study Trip to Sweden      Israeli Forces Take Photos of Palestinian Homes, Settlers Perform Rituals in Two Hebron Villages      Israeli Forces Hand Demolition and Stop-Construction Notices to Palestinians in Hebron, Bethlehem      Israeli Forces Arrest Eight Palestinians from Bethlehem, Jenin and Ramallah      Newspaper Review: Presidents Affirmation UN Bid Aims to End Conflict Focus of Dailies      Weather Forecast: Temperature below Annual Average      US Campaign to End Israeli Occupation to Hold Annual Conference in San Diego      PEX Report: Index Down Again      Abbas Receives Israels Opposition Chief: Palestines UN Bid is to Consolidate Peace, Stability      Suffocation Cases as Settlers Enter Josephs Tomb
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Unemployment Rate Hits 27.5% in First Quarter of 2013

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RAMALLAH, May 16, 2013 (WAFA) The unemployment rate in the Palestinian Territory increased from 26.7% in the fourth quarter of 2012 to 27.5% in the first quarter of 2013, the Palestinian Central Bureau of Statistics (PCBS) said Thursday.

Using International Labor Organization standards, the number of unemployed persons was 271,000, distributed to 152,000 in the West Bank and 119,000 in Gaza Strip.

Unemployment rate in Gaza Strip reached 31% compared with 20.3% in the West Bank.

The highest unemployment rate was concentrated among youth aged 20-24 years where it reached 41.1%.

Labor force participation rate reached 43.4% of people age 15 years and above.

The number of people participating in labor force in the Palestinian Territory was 1.134 million; of whom 750,000 were in the West Bank and 384,000 in Gaza Strip.

The labor force participation rate in the West Bank reached 45%, while it was 40.5% in Gaza Strip.

A total of 69.0% is the participation rate for males, compared to 17.1% for females, said the PCBS.

T.R./M.S.

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