“World Bank financing will help us to launch our National Employment Programme in early 2022 to help us recover from COVID-19 by promoting private sector-led job creation targeting youth and women, who are most in need of job opportunities”, said Labour Minister Nayef Stetieh. “The NEP was designed in full partnership with private sector representatives, and its implementation mechanism was simplified to enable the private sector to create the largest number of job opportunities, with the least possible government intervention, as the private sector companies will be the most important player in this programme,”he said. 'This programme is considered one of the most important pillars of the government's priorities programme for the years 2021-2023, and it is added to the economic stimulus packages approved by the government to support the national economy during the pandemic period,” said Minister of Planning and International Cooperation Nasser Shraideh. Male unemployment also increased between 20, from 17.7 per cent to 22.6per cent. Part of Jordan’s Economic Priority Plan 2021-2023, the programme aims to help the country’s private sector create sustainable jobs at a time when many firms are recovering from the initial impact of the pandemic but are still reluctant to hire new employees. In response, the Government of Jordan will be launching the National Employment Programme (NEP), which will be supported by this new World Bank project. Women and youth, whose unemployment rates were already higher, are being hit hardest by the COVID-19 crisis: Overall youth unemployment jumped from 40.6 per cent in 2019 to an unprecedented 50per cent in 2020, while female unemployment rose from 24.1 per cent in 2019 to 32.8 per cent in 2020, a much larger increase than for men.Īt 14 per cent, Jordan’s female labour force participation rate is one of the lowest in the world, the statement said. Real gross domestic product (GDP) contracted by 1.6 per cent in 2020 and, despite an economic rebound in the first two quarters of 2021, the country’s unemployment rate remains at 24.8 per cent, according to a World Bank statement. The past 20 months of the COVID-19 pandemic have taken a toll on Jordan’s small, open economy, with its strong links to the rest of the world.

AMMAN - The World Bank has approved $112 million in financing for the Jordan Support to Private Sector Employment and Skills Project, a programme designed to support Jordan’s own efforts to stimulate private sector employment, improve skills training, and reduce youth and female unemployment.

50 cent many men government version