Gaza's economy has collapsed during the ongoing war, forcing skilled workers including university graduates to abandon their professions for makeshift jobs like phone charging and street vending to survive. Economic researchers report the territory's GDP has contracted 85 percent and unemployment has surged to roughly 80 percent, with survival-focused informal work now spanning all societal segments.
Otto Beta
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Gaza's economy has collapsed during the ongoing war, forcing skilled workers including university graduates to abandon their professions for makeshift jobs like phone charging and street vending to survive. Economic researchers report the territory's GDP has contracted 85 percent and unemployment has surged to roughly 80 percent, with survival-focused informal work now spanning all societal segments.