Economy going in right direction — SSC

AMMAN — The country’ economy is moving towards recovery, the Social Security Corporation (SSC) said in a statement, explaining that this positive outlook is based on its data on employees covered by social security and workplaces, in compliance with its rules and regulations.

The statement released on Wednesday by the SSC Media Centre said there has been a noticeable improvement in the country’s economic performance in 2019.

According to the Social Security Corporation, the number of subscribed employees, on the basis of mandatory subscription, rose by 3.2 per cent as it reached 1,275,000 in 2019 up from 1,236,000 in 2018. 

A total of 39,000 jobs were created in 2019 at workplaces covered by the SSC in various economic sectors up from 20,000 jobs in 2018, according to the statement. 

In 2019, 118,000 persons were hired by the private sector for the first time, with 70,000 of them still hired by the same workplace this year, the statement added.

At the end of 2019, the number of workplaces covered by the SSC was 54,800, taking into account an increase by 1,951, said the statement.  

Workplaces registered at the SSC rose by 1,575 in 2018, and the number of employees covered by the corporation’s mandatory subscription was 2.2 per cent higher compared with the previous year.