Thursday, January 02, 2003

Palestine Economy Ruined by the Occupation
"The situation of Palestinian workers is this: there are 150,000 workers who can no longer go to their workplaces in Israel. The vast majority of these have been denied compensation, severance pay, or any social rights. The majority of these workers had also paid a full year's worth of income taxes, even though they were cut off from their employment after only a few months of work. They have not been paid back their taxes. The majority of workers were paying into social insurance funds, which were to help them if they became unemployed-these payments have been frozen as well. All of these workers are now unemployed. 35% of Palestine's GDP used to come from workers who commuted to Israel. That 35% of the economy is now gone. The unemployment rate in the occupied territories is now 44.6%. The unemployment has led to a poverty rate of 66.5%. Over 2/3 of the population is in poverty. This is not just because of the loss of all employment within Israel, but also because Palestinians cannot reach their workplaces even within the territories, because of checkpoints, curfews, and closures."

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