MAS is currently seeking to employ The Following Vacancies
Gross Domestic Product: The Palestinian GDP scored a value of about 1.606 million dollar in the 3rd quarter of 2011. An increase of 0.5% compared with the previous quarter and an increase by 11.8% compared with its corresponding quarter in 2010. Conversely, GDP per capita decreased by 0.3% in the 3rd quarter compared with the 2nd quarter of 2011 but, increased by 8.5% compared with its corresponding quarter in 2010.
Overall, total final spending was about 1,856 million dollar in the 3rd quarter of 2011.
The Labor Market: The number of workers Occupied Palestinian Territory decreased from 852.4 thousand in the 2nd quarter of 2011 to 839 thousand in the 3rd quarter of the same year. The distribution of workers is as follows: 60% work in the West Bank, 30% work in the Gaza Strip, and 10% in Israel and Israeli settlements. The unemployment rate increased to 22.4% in the 3rd quarter, whereas it was about 18.7% in the 2nd quarter. Moreover, the average wage of workers in the Gaza Strip, decreased by 4% to be 59.3 NIS in the 3rd quarter compared with 61.8 in the 2nd quarter.
Public Finance: In the 3rd quarter of 2011 the domestic revenues grew to 545.1 million dollars, an increase of 1.2% from the 2nd quarter of the same year. Additionally, public expenditures dropped to 678.5 million dollars, a decrease of 8.9% from the previous quarter. Consequently, the combination of these two factors decreased the budget deficit in the 3rd quarter to 133.4 million dollars compared to 208.2 million dollars deficit in the 2nd quarter.
The Banking Sector: The total direct credit facilities were 3,215.2 million dollars in the 3rd quarter of 2011. This is a decrease of about 6.3% from the previous quarter, 73% of these facilities were loans. Moreover, the number of checks offered for clearance increase to 1,010,402 in the 3rd quarter of 2011, but their value decreased by 0.11% compared with their value in the 2nd quarter of the same year.
Palestine Exchange: The number of shares traded in the market decreased by 65% during the 3rd quarter compared with the 2nd quarter of the same year, and also decreased by 32% compared with the corresponding quarter of 2010. The value of shares during the 3rd quarter was around 48 million dollars, a decrease of 65% compared with the previous quarter, and a decrease of 30% compared with the corresponding quarter of 2010. Lastly, the Al-Quds index closed at 488.2 points at the end of 3rd quarter of 2011.
Company Registration: The number of newly registered companies reached 287 in the West Bank in the 3rd quarter of 2011. The total capital of these companies in the 3rd quarter of 2011 was about 38.9 million JD; a decrease by 27% in total registered companies’ capital compared with the previous quarter but an increase by 69% compared with its corresponding quarter of 2010.
Building Licenses and Cement Imports: The number of building licenses in the West Bank increased by 16.2% during the 3rd quarter of 2011 compared with the corresponding quarter of 2010. On the other hand, the total space of registered buildings increased during the 3rd quarter by 16.3% compared with its corresponding quarter in 2010. The quantity of cement imported into the Gaza Strip increased to 15.3 thousand tons in the 3rd quarter of 2011 compared with one thousand tons in the corresponding quarter of 2010. In the West Bank the quantity of imported cement decreased by 6% through the same period.
Car Registration: 21.000 new and used cars were registered in the West Bank throughout 2011. The registered cars are distributed as follow: 63% of used cars are imported, 11% of used cars are imported from Israel and 25% of new cars are imported. In the 3rd quarter of 2011, the number of cars registered for the first time was 5,000.