More than a third of Gaza residents living below the poverty line
Based largely on data from the Palestinian Central Bureau of Statistics the report indicates that unemployment, in real adjusted terms, stood at an “unprecedented high” of about 45 per cent, affecting especially young workers.
The difference between residents of the Gaza Strip and those on the West Bank is manifest also in terms of actual dollars. For Gazans the poverty line is set at US$ 457 per month for a family of six compared to a monthly poverty line of US$ 572 for a six-member household on the West Bank.
The latter area’s better economic situation is due to less rigid sanctions after Hamas took over Gaza and Israel imposed a tighter blockade on the Strip during the period examined in the report.