Developments in the occupied Palestinian territory (oPt) economy in 2010 suggest continued growth in output and employment, on the one hand, and an underlying labour market unable to absorb a labour force growing in excess of 3.5 percent per year, i.e. at a rate more rapid than average population growth. The private sector led growth in output and employment in both the West Bank and Gaza but in both cases the spending power of large public sector work forces, as well as direct public sector spending, contributed fundamentally to private sector growth. Private sector growth was led in both the West Bank and Gaza by construction activity. In Gaza, the construction surge helped partially alleviate a deficit in residential housing caused by years of siege and the inability to import significant amounts of building materials.
Full Report - 39 pages
http://reliefweb.int/sites/reliefweb.int/files/resources/2011110145715.pdf
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