Measures to Overcome Unemployment | Jordan Case Study

FACULTY OF BUSINESS AND MANAGEMENT
BA1193A
MACROECONOMICS
ECO211
WRITTEN REPORT
PREPARED FOR:
DR. ASMA’ RASHIDAH IDRIS
NAME ID MATRICS
NUR ATYRA BINTI ZULKIFLI 2020895174
NORAINA NABILAH BINTI SHAHABUDIN 2020809074
NUR AIN NASUHA BINTI AZMI 2020464186
INTAN SOFEA BINTI AZIZ 2020883274
AINOL AFIQAH BINTI ANI 2020452036
SEMESTER : OCT 2021 - FEB 2022

TABLE OF CONTENT
1.0 INTRODUCTION..............................................................................................1
2.0 ANALYSIS.................................................................................................2 - 4
 UNEMPLOYMENT IN JORDAN..................................................................2 - 4
3.0 DISCUSSION.............................................................................................5 - 6
 MEASURES TO OVERCOME THE UNEMPLOYMENT IN JORDAN................5 - 6
4.0 CONCLUSION................................................................................................7
REFERENCES.....................................................................................................8

1.0 INTRODUCTION
Jordan has made great progress in human development and being a middle-income
country with limited natural resources, relies heavily on human capital for growth and the
country has reduced illiteracy significantly in compared to most other Middle Eastern and
North African countries. In terms of macroeconomic stability, trade access and regulatory
climate, the economy has established itself throughout the decades as one of the finest
business environments in the area.
Jordan is a small country in western Asia with a large population which has been
recorded about 9.702 million in 2019. Jordan faces a range of economic issues that include
high levels of poverty, unemployment, hyperinflation, a massive budget shortfall and a
government debt that is almost 90% of Gross Domestic Profit(GDP). Jordan's gross
domestic product (GDP) has been boosted by as much as 25% due to remittances from
Jordanians working abroad. However, with the labour force increasing at 4% per year and
poverty and unemployment at 11.6% and 15% respectively, it is critical to create extra new
jobs for young people in the interests of not just economic growth but also social stability.
2017 2018 2019 2020
95,00,000
96,00,000
97,00,000
98,00,000
99,00,000
1,00,00,000
1,01,00,000
1,02,00,000
1,03,00,000
97,85,843
99,65,318
1,01,01,694
1,02,03,134
THE TOTAL POPULATION OF JORDAN FROM 2017 UNTIL 2020
Population
Based on the graph above, the total population of Jordan increased every year
starting in 2017 which had a total of 9,785,843 million people and increased by 1.82% in
2018. However, in 2019 and 2020, the population in Jordan became slowdown and only
increased by 1.36% & 1% of the population, respectively. High population growth is one of
the reasons why a country has a very high unemployment rate. This is due to the large
number of people in the country not having the opportunity to work and the jobs offered to
them are very low also it can cause an economic growth become slowdown.
1