Inflation and a significant increase in the unemployment rate among Zionists / Israel’s economy under the heavy burden of the Gaza war

According to the international group Tasnim News Agency, with the entry of the Zionist regime’s aggression against Gaza into the 46th Today, the relevant institutions of this regime are investigating the set of economic losses that Israel has suffered during this period, and the assessments show that the occupying regime is on the path of severe economic recession.

The latest assessments of the Zionist institutions in this field It was done by the Ministry of Finance of this regime. Shmuel Abramson, the chief economist of the Ministry of Finance of the Zionist regime, announced in a report for this purpose, that Israel’s economy is currently under the heavy burden of the Gaza war and there are many concerns about the expansion of this war on the northern front with Hezbollah, which will increase the amount of economic losses of Israel to

This Zionist economist further emphasized that uncertainty about the process of the Gaza war and the continued escalation of tensions on the northern front with Lebanon are things that can affect Israel’s economic activities and cause multidimensional damage to enter its economy. Estimates show that in each month of this war, Israel’s gross domestic product will decrease between 8 and 9 billion shekels (2.1 to 2.4 billion dollars), which has direct effects on the labor market and economic activities of Israelis.

Economic Recession

The report further states that Israel’s GDP will decrease by about 1.5 in 2023, which means that the economic growth rate this year will be much less than nothing. for which Israel had planned. Also, since the Israeli population increases by about 2 percent every year, this situation means that in 2024 we will see a significant stagnation in the GDP. who, during the outbreak of the Corona epidemic, presented a weekly report on the state of the gross domestic product of this regime, believes that the war in Gaza has caused significant losses to the Israeli economy, and in addition, the war on the northern front with Hezbollah and the refugees from the northern settlements of occupied Palestine have fled, it has become more of a reason.

The suspension of economic activities of the Zionist regime after the Gaza war

The economic sources of the Zionist regime reported that due to the uncertain situation And the lack of perspective to assess the future developments in the Gaza war, it is not possible to accurately estimate the amount of economic damage to Israel from this war. But at the geographical level, the greatest damage to this regime is mainly in the northern and southern regions of occupied Palestine; Where, after the Al-Aqsa storm operation in the towns around Gaza, i.e. the south of the occupied territories, and then the start of Hezbollah’s operations against the northern positions of the occupied Palestine, a significant part of the economic activities in these areas have been closed.

Of course, this means It is not that the other areas of the occupied territories continue their economic activities as before, because the entertainment and tourism sector, as well as the activities of restaurants and hotels, etc., have been severely disrupted after the Gaza war, and many of these entertainment centers have become places for refugees. have become Israelis The Zionist aviation sector is also one of the sectors that suffered the most damage after the Gaza war and many of its flights have been canceled. Gaza has dealt a big blow to the economy of this regime; Because these forces form the main part of the Israeli labor market. The educational system of the Zionist regime is also almost closed after this war, and the employees of the educational sector do not go to work, which reduces their productivity. /p>

There are different opinions about the economic inflation of the Zionist regime after the Gaza war, but the economic experts of this regime agree that this war will cause a sharp fall in the value of the Shekel (the currency of the Zionist regime) and create new inflationary pressures. .

However, regarding the Zionist regime’s labor market, which has been directly affected by the economic losses caused by the war, Zionist sources reported that in the period of October 7 (the day of the start of the Al-Aqsa Storm operation) As of November 19, 128,000 Israelis applied for unemployment benefits and insurance, of which 96,000 are on mandatory leave without receiving any unemployment benefits. According to this report, there are also about 20,000 new applications per month. There are 59 percent of applicants between 20 and 40 and 39 percent between 41 and 67 years of age to receive unemployment insurance. According to the information of the Israel Insurance Organization, about 70,000 people were added to the list of unemployed during the last month, and this number is 3 times more than the same month last year. Also, the unemployment rate among Israelis has reached 9.6%.

The Central Statistics Office of the Zionist regime announced in a report yesterday that while the unemployment rate of Israelis was 3.4% last September, this rate increased to 9.6% after the Gaza war.

According to this report, the number of unemployed Israelis in September was 163,600, which has increased to 428,400 since October 7.

The economic damage of the Al-Aqsa storm operation for the Zionist regime is one of the most obvious consequences of this war, which the occupiers are struggling with and are worried about its impact on their vital sectors.

It should be noted that the economy of the Zionist regime before Al-Aqsa storm operation was also in a shaky state due to internal political conflicts after Benjamin Netanyahu’s extremist cabinet came to power, and after the announcement of the judicial changes plan approved by Netanyahu’s cabinet, many companies and investors left occupied Palestine for America and Europe. .

While more than 40 days have passed since the Battle of al-Aqsa, the heavy economic losses of this war for the Zionists are becoming more apparent day by day. While predicting the prolongation of the current war with Gaza, the Zionist sources, pointing to the heavy and long-term consequences of the Al-Aqsa storm operation on the economy of this regime, announced that this war will directly and indirectly cause about 38 billion dollars in damage to the Israelis.

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