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Questions and Answers
What is the projected average economic growth rate for Jordan in 2019?
What is the projected average economic growth rate for Jordan in 2019?
What was the overall unemployment rate in Jordan during the 2nd quarter of 2018?
What was the overall unemployment rate in Jordan during the 2nd quarter of 2018?
Which year is expected to have the highest average economic growth rate according to the forecasts?
Which year is expected to have the highest average economic growth rate according to the forecasts?
What percentage was the unemployment rate in Jordan in 2016?
What percentage was the unemployment rate in Jordan in 2016?
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How did the unemployment rate in Jordan change from 2010 to 2018 according to the data?
How did the unemployment rate in Jordan change from 2010 to 2018 according to the data?
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Which region recorded the highest mean growth rate in labor productivity between 2010 and 2018?
Which region recorded the highest mean growth rate in labor productivity between 2010 and 2018?
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What was the labor productivity growth rate for the Middle East and North Africa region from 2010 to 2018?
What was the labor productivity growth rate for the Middle East and North Africa region from 2010 to 2018?
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Which of the following countries ranked the highest in labor productivity growth rate in the list provided?
Which of the following countries ranked the highest in labor productivity growth rate in the list provided?
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Among the listed economies, which showed the lowest labor productivity growth rate from 2010 to 2018?
Among the listed economies, which showed the lowest labor productivity growth rate from 2010 to 2018?
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Which country was ranked 20th in labor productivity growth rates?
Which country was ranked 20th in labor productivity growth rates?
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What is the growth rate of labor productivity for the World from 2010 to 2018?
What is the growth rate of labor productivity for the World from 2010 to 2018?
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Which region had a labor productivity growth rate of 1.107%?
Which region had a labor productivity growth rate of 1.107%?
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Which of the following regions had a labor productivity rate above 1%?
Which of the following regions had a labor productivity rate above 1%?
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What is the female labor force participation rate in Jordan as of 2017?
What is the female labor force participation rate in Jordan as of 2017?
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Which country has the highest overall labor force participation rate according to the data?
Which country has the highest overall labor force participation rate according to the data?
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Which demographic group in Jordan has the highest percentage of college graduates with a Bachelor’s degree or higher?
Which demographic group in Jordan has the highest percentage of college graduates with a Bachelor’s degree or higher?
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How does Jordan's female labor force participation rate compare to that of Egypt?
How does Jordan's female labor force participation rate compare to that of Egypt?
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What is the overall labor force participation rate for Jordan?
What is the overall labor force participation rate for Jordan?
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Which of the following countries has a labor force participation rate closest to that of Jordan?
Which of the following countries has a labor force participation rate closest to that of Jordan?
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What percentage of females aged 20-24 in Jordan holds a Bachelor’s degree or higher?
What percentage of females aged 20-24 in Jordan holds a Bachelor’s degree or higher?
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What challenge is indicated by the low labor force participation rates in Jordan?
What challenge is indicated by the low labor force participation rates in Jordan?
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What is labor productivity primarily a measure of?
What is labor productivity primarily a measure of?
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Which of the following is a benefit of higher labor productivity?
Which of the following is a benefit of higher labor productivity?
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How is labor productivity calculated?
How is labor productivity calculated?
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Which factor does not contribute to improving labor productivity?
Which factor does not contribute to improving labor productivity?
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What is one expected outcome of increased labor productivity?
What is one expected outcome of increased labor productivity?
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Why is labor productivity an important economic measure for Jordan?
Why is labor productivity an important economic measure for Jordan?
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Which of the following statements about labor productivity is accurate?
Which of the following statements about labor productivity is accurate?
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What role do corporate profits play in the context of labor productivity?
What role do corporate profits play in the context of labor productivity?
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Which country experienced the greatest decline in labor productivity from 2010 to 2018?
Which country experienced the greatest decline in labor productivity from 2010 to 2018?
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What percentage decline did Kuwait experience in labor productivity?
What percentage decline did Kuwait experience in labor productivity?
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Which of the following countries had a positive growth in labor productivity?
Which of the following countries had a positive growth in labor productivity?
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What is the significance of labor productivity as mentioned in the context of Jordan?
What is the significance of labor productivity as mentioned in the context of Jordan?
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Which country showed the least decline in labor productivity among the bottom countries listed?
Which country showed the least decline in labor productivity among the bottom countries listed?
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Which two countries had nearly the same decline in labor productivity at -0.505% and -0.531%?
Which two countries had nearly the same decline in labor productivity at -0.505% and -0.531%?
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According to the presented data, which country had a labor productivity decline of -0.385%?
According to the presented data, which country had a labor productivity decline of -0.385%?
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What common characteristic is shared by the countries listed with declining labor productivity?
What common characteristic is shared by the countries listed with declining labor productivity?
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What is a key recommendation for improving employee engagement?
What is a key recommendation for improving employee engagement?
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How can competition affect productivity according to international evidence?
How can competition affect productivity according to international evidence?
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What role does infrastructure spending play in the economy?
What role does infrastructure spending play in the economy?
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What should businesses be encouraged to adopt to improve productivity?
What should businesses be encouraged to adopt to improve productivity?
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Which factor is shown to increase productivity through Foreign Direct Investment (FDI)?
Which factor is shown to increase productivity through Foreign Direct Investment (FDI)?
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What impact does global competition have on efficiency?
What impact does global competition have on efficiency?
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During 2014-2017, how does Jordan's public spending on education compare to other countries like the USA and Sweden?
During 2014-2017, how does Jordan's public spending on education compare to other countries like the USA and Sweden?
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What is the average public spending on education in Jordan as a percentage of GDP during the specified period?
What is the average public spending on education in Jordan as a percentage of GDP during the specified period?
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Study Notes
Labor Productivity in Jordan
- Jordan's economy faces challenges with low labor productivity and high unemployment.
- Real economic growth projections are relatively weak: 2.3% (2018), 2.5% (2019), and 2.7% (2020) according to IMF forecasts.
- Overall unemployment rate is high at 18.7% (second quarter 2018).
- The distribution of unemployment by age, gender, and education is particularly concerning.
- Labor force participation rates are low, especially for females. Jordan has one of the lowest participation rates globally.
- Jordan's labor productivity growth is very low compared to other regions, ranking 116th out of 123 countries during 2010-2018. Growth averaged -0.783% in that period.
Concept of Labor Productivity
- Labor productivity measures how efficiently labor produces goods and services.
- It's calculated as output per worker.
- Higher labor productivity leads to lower costs, better competitiveness, higher profits, increased wages, and economic growth.
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Description
This quiz explores the challenges facing Jordan's labor productivity, including low rates, high unemployment, and economic growth projections. It also delves into the concept of labor productivity, its measurement, and its implications for economic performance. Understand the factors affecting Jordan's workforce and productivity levels.
