Jordan's sectors added around 184,926 jobs during 2024
The paper tracks net job creation, a key tool for measuring the economy's capability to absorb new entrants to the labor market and mitigate worsening unemployment rates.
The paper noted results of the 2024 Job Creation Survey showed approximately 184,926 individuals aged 15 and above had assumed new jobs, while around 89,584 others left the labor market during the same period.
According to a JEF statement, the paper indicated that a total of about 96,421 new job opportunities were created in the Kingdom's public and private sectors, equivalent to approximately 96.4% of the annual target set within the Economic Modernization Vision (EMV).
The statement said this growth reflects extent of efforts made to enhance labor market dynamism and "effective commitment" to the vision's path to generate "sustainable" jobs that contribute to reducing unemployment and improving living standards.
On benficiary groups, the paper noted the new job opportunities were distributed at a rate of 69.3% for males, equivalent to 66,804 jobs, and 30.7% for females, equivalent to 29,617 jobs.
The paper also indicated that the largest proportion of job opportunities created in 2024 was in the private sector, amounting to 75.7%, reflecting "success of economic policies and reforms in enhancing job opportunities, despite the surrounding geopolitical challenges. "
In contrast, the Kingdom's public sector accounted for only 23.6% of these new jobs, indicating the private sector's "essential" role in achieving growth and employment goals within the Economic Modernization Vision.
Given the nationality-based distribution of job opportunities in 2024, a "clear trend dominated to prioritize employment of Jordanian workers in the local market, with lower percentages allocated to foreign counterparts."
The paper said majority of new jobs targeted Jordanian nationals, representing 90% of the total opportunities.
However, non-Jordanian Arab nationalities accounted for 6.2% of the overall jobs, while non-Arabs received 3.7% of the total posts.
In terms of the distribution of new job opportunities by economic activity, the paper noted Jordan's manufacturing, wholesale and retail trade sectors accounted for the largest share, with approximately equal percentages of 15.4% each.
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