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Shrinking opportunities create 'dangerous' joblessness in Covid-hit Jordan


The latest official data showed unemployment at a record high of 23.9 per cent at the end of September last year, compared to 19 per cent for the same period in 2019.
Having lifted most coronavirus restrictions two weeks ago, the government expects 2.5 per cent economic growth this year, compared to a 3 per cent contraction in 2020.
But in its latest assessment of Jordan, the World Bank said that coronavirus has “exacerbated existing structural weaknesses in the economy and left social challenges unresolved.
Economic recovery would depend “on the evolution of the pandemic and whether reforms are put into effect” to make the economy more efficient, increase exports and create a better investment climate, the international agency said. ....

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