Jordan Jobs Diagnostic
This report provides a detailed diagnostic of the Jordanian labor market. It finds that labor market outcomes are worsening in Jordan. It has one of the lowest levels of labor force participation in the world, and only one out of every three worki...
| Main Authors: | , |
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| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/681161574097516931/Jobs-Diagnostic-Jordan http://hdl.handle.net/10986/32751 |
| Summary: | This report provides a detailed
diagnostic of the Jordanian labor market. It finds that
labor market outcomes are worsening in Jordan. It has one
of the lowest levels of labor force participation in the
world, and only one out of every three working-age
Jordanians has a job. Low rates of firm entry and exit
suggest that the process of creative destruction is limited.
Most private sector firms are either small – and stay small
or large and old. The share of employment in small firms
-which tend to be less productive- is growing. Employment is
increasingly informal, less productive. High levels of
informality drive down overall levels of labor productivity
and suggests that important distortions affect the
allocation of resources in the economy. At the same time, a
large inflow of Syrian refugees and economic migrants makes
the need for job creation even more urgent. |
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