The economic situation in the occupied Palestinian territory has seen some improvement but remains precarious, particularly in the Gaza Strip, where the continued Israeli blockade undermines prospects for employment and growth, says a new United Nations report. The International Labour Organization (ILO), in its annual publication on the situation of workers of the occupied Arab territories, attributes the improvement to an accelerated growth rate and a slightly higher rate of employment roughly 15 per cent in both Gaza and the West Bank. The ILO has always maintained that improvements in access and movement have a positive impact on economic development and employment in the occupied Palestinian territory, ILO Director-General Juan Somavia writes in the preface to the report. ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com))....

United Nations: New UN report highlights bleak economic situation for Palestinians