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Jordan hits 96% of job creation target in 2024: JEF

Jordan hits 96% of job creation target in 2024: JEF

Jordan created 96,421 new job opportunities in 2024, achieving 96.4% of its annual employment target under the Economic Modernisation Vision (EMV), according to a new fact sheet released by the Jordan Economic Forum (JEF). The report, titled ‘Job creation in the Kingdom in 2024: Concentration and beneficiary groups’, highlights the labour market’s growing capacity to absorb new entrants and reduce unemployment.

Of the total jobs created, 75.7% originated in the private sector, underscoring its dominant role in driving workforce growth. The public sector accounted for 23.6%. JEF credited the improvement to effective economic reforms and ongoing efforts to stimulate job generation amid regional instability.

Job creation was uneven across gender lines: 69.3% of the new roles went to men (66,804 jobs), while women secured 30.7% (29,617 jobs). National employment policies continued to favour Jordanians, who filled 90% of the new positions. Non-Jordanian Arabs held 6.2% of the jobs, while other nationalities accounted for 3.7%.The manufacturing and wholesale/retail trade sectors jointly led job generation with 15.4% each, followed by public administration and defence (14.6%), education (11.5%), and healthcare (10.2%).

While 184,926 individuals aged 15 and above joined the workforce, 89,584 exited during the same period, indicating a net labour market gain. The report affirms Jordan’s ongoing commitment to sustainable job growth aligned with national development priorities.

Source – https://hrme.economictimes.indiatimes.com/news/industry/jordan-achieves-96-job-creation-target-in-2024-amid-economic-reforms/122967947

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