Unemployment in Gaza has soared to nearly 80 per cent since the Israel-Hamas conflict erupted, with the devastated enclave’s economy in almost total collapse, the International Labour Organization said, Reuters reports.

Economic output has shrunk by 85pc since the conflict with Israel began a year ago, plunging almost the entire 2.3 million population into poverty, the United Nations agency said.

The conflict has caused “unprecedented and wide-ranging devastation on the labour market and the wider economy across the Occupied Palestinian Territory”, the ILO said, referring to Gaza and the West Bank.

Opinion

Editorial

Growth below target
15 May, 2026

Growth below target

Pakistan lacks the export-oriented industrial expansion that has driven sustained high growth in other economies.
Limited openings
15 May, 2026

Limited openings

FOR years, even the smallest suggestion of engagement with Pakistan would trigger outrage in India’s political...
Meetings denied
15 May, 2026

Meetings denied

FORMER prime minister Imran Khan and his wife, Bushra Bibi, continue to be held incommunicado inside Adiala Jail....
Trump in Beijing
Updated 14 May, 2026

Trump in Beijing

China is no longer just a rising economic power.
Growing numbers
14 May, 2026

Growing numbers

FORWARD-looking nations do not just celebrate their advantages; they turn them into tangible gains. They also ...
No culling
14 May, 2026

No culling

CRUELTY implies an administrative failure to adopt humane solutions. Despite the Lahore High Court’s orders to use...