Number of Persons Engaged for Jordan
EMPENGJOA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.46
Year-over-Year Change
58.73%
Date Range
1/1/1954 - 1/1/2019
Summary
This economic trend measures the total number of persons engaged in Jordan's economy, which is a key indicator of labor market activity and overall economic output.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The number of persons engaged represents the total number of people involved in producing goods and services in Jordan, including both employees and self-employed individuals. This metric is widely used by economists and policymakers to assess the health and growth of the Jordanian economy.
Methodology
The data is collected through household and business surveys conducted by the Jordanian government.
Historical Context
Trends in the number of persons engaged can inform economic and labor market policies in Jordan.
Key Facts
- Jordan's number of persons engaged has grown by over 20% in the past decade.
- The services sector accounts for the largest share of persons engaged in Jordan.
- Women's participation in Jordan's labor force remains lower than the global average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people involved in producing goods and services in Jordan, including both employees and self-employed individuals.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of persons engaged are a key indicator of labor market activity and overall economic output in Jordan, making it important for economists and policymakers to monitor.
Q: How is this data collected or calculated?
A: The data is collected through household and business surveys conducted by the Jordanian government.
Q: How is this trend used in economic policy?
A: Trends in the number of persons engaged can inform economic and labor market policies in Jordan, as they provide insights into the health and growth of the Jordanian economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all self-employed or informal workers in Jordan.
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Citation
U.S. Federal Reserve, Number of Persons Engaged for Jordan (EMPENGJOA148NRUG), retrieved from FRED.