Report presents technology advancement as solution for unemployment challenges: Jordan

Report presents technology advancement as solution for unemployment challenges: Jordan

AMMAN — Global trends that are expected to shape the future job market require increased efforts to keep up with socioeconomic and technological advancements, according to a recent report by the Jordan Strategy Forum (JSF).

The report “Is Jordan Ready for Future Jobs (2023-2027)?” outlines unemployment challenges in the Kingdom and provides a set of recommendations to build a better-prepared workforce.

Unemployment

The number of unemployed individuals in the Kingdom increased from 322,983 in 2018 to 419,837 in 2022.

The highest rate of unemployment in Jordan last year was recorded among youth between the ages of 20 to 24, at 32.7 per cent. Moreover, 42.2 per cent of unemployed Jordanians in 2022 were higher education graduates, according to the report.

Of those unemployed last year, 20.4 per cent had been out of a job for two or more years.

Readiness to adopt frontier technology

“Technological advancement plays a significant role in boosting productivity and economic growth as well as creating new and better job opportunities,” the report stated.

However, technology can have a “dangerous” impact on developing countries if misused or if they fail to keep up with its advancements, the report added.

The report also cited results from the Frontier Technology Readiness Index, issued by the United Nations