Tag: Unemployment

investment

Falling Behind

Jordan was ranked a mediocre 65 out of 137 countries in the World Economic Forum’s latest global competitiveness report. When will we admit that our economy isn’t being run effectively? According to the Global Competitiveness Report of the World Economic…

Jordan Moves to Kick-Start Growth and Pare Back Debt

Jordan Moves to Kick-Start Growth and Pare Back Debt

The government is looking to reduce its debt burden and jumpstart the economy through a combination of budgetary adjustments, a new medium-term economic strategy, and international aid agreements. In mid-May, the Cabinet announced its decision to cut this year’s JD8.8…

Job Creation Leaps 50 Percent in H1

Job Creation Leaps 50 Percent in H1

The number of jobs created during the first half of 2016 increased by 50 percent compared to the same period the previous year, according to recent figures by the Department of Statistics. The DoS said 26,000 jobs were created during…

Young People Need Jobs, and So Do Their Parents

Young People Need Jobs, and So Do Their Parents

Efforts to get young people into work should come as part of a wider package of macroeconomic policies. By Mary Kawar and Zafiris Tzannatos The conclusion of yet another successful World Economic Forum in the context of this year’s timely…

Jordan Green Growth

Green Growth: Reversing Jordan’s Economic Slump

Last month, World Bank’s Spring 2017 issue of the Jordan Economic Monitor was released in the height of high unemployment and slow economic performance in the Kingdom. The Jordan Economic Monitor, a product of the World Bank’s Global Practice for Macroeconomics…

Digital-Leapfrogging

Digital Leapfrogging Could Boost Region’s Economy by Billions – McKinsey

With proper implementation, digital leapfrogging could add $95 billion to the Middle East’s annual GDP by 2020, according to McKinsey & Company’s regional head. The international consultancy has been researching into how digital leapfrogging has the potential to be a…

Unemployment

Unemployment hits 18.2 percent after methodology overhaul

Unemployment in Jordan reached 18.2 percent in the first quarter of the year after the Department of Statistics introduced a new methodology for calculating joblessness that now includes migrants and refugees, and any unpaid jobs and trainings. The figure, which…

US President Donald Trump

Trump’s Grand Plan

President Trump has started to put his campaign promises into action. What should we expect? By Venture Staff Among the chaos of the new Trump administration lies the most important economic policies that have yet to be implemented. Prior to…

Hassan Abu Hanieh, author and researcher on jihadist groups

Wake Up Call

One of the foremost experts on extremist groups in Jordan is worried we’re underestimating the true scale of the jihadist threat facing the country. By Dina Al Wakeel Few Jordanian analysts know more about extremist Islamist groups than Hassan Abu…

Deaths of Despair

Jordan’s shocking suicide rate is a sign of a society in crisis. By Osama Al Sharif Between 2011 and 2016, Jordan’s suicide rates rose 300 percent. During last year alone, 117 people took their own lives: 91 men and 26…