Jordan Consumer Sentiment Index (Q2) · Jordan Consumer Sentiment Index (Q2) Jordan September,...
Transcript of Jordan Consumer Sentiment Index (Q2) · Jordan Consumer Sentiment Index (Q2) Jordan September,...
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Jordan Consumer Sentiment Index (Q2)
JordanSeptember, 2019
Introducing the Jordan Consumer Sentiment Index
Ipsos’s Jordan Consumer Sentiment Index (JCSI), is a quarterlynational survey of consumer attitudes on the current and futurestate of the local economy, personal financial situation, as wellas confidence to make large investments and ability to save.
Consumer sentiment is a key predictor of purchase trends in themarket. Despite it being a lagging indicator, if consumersentiment is high, people will make more purchases and theeconomy will expand.
Businesses and Policy Makers can monitor changes in the indexto factor the data in their decision-making processes. A wave-on-wave decreasing trend suggests consumers have a negativeoutlook on their ability to spend. Thus, manufacturers mayexpect consumers to avoid retail purchases, particularly itemsthat require financing. Likewise, banks can anticipate a decreasein lending activity, mortgage applications, and credit card usage.
JCSI Employment Confidence
JCSI Economic Expectations
JCSI Investment Climate
JCSI Current Personal Financial Conditions The quarterly JCSI result is
driven by the aggregation of
four, weighted, sub-Indices
Overall Jordan Consumer
Sentiment Index
Introducing the Jordan Consumer Sentiment Index
Overall JCSI Survey Questions
1. Rate the current state of the economy in your local area using a scale from 1 to 7, where 7 means a very strong economy today and 1 means a very weak economy.
2. Looking ahead six months from now, do you expect the economy in your local area to be much stronger, somewhat stronger, about the same, somewhat weaker, or much weaker than it is now?
3. Rate your current financial situation, using a scale from 1 to 7, where 7 means your personal financial situation is very strong today and 1 means it is very weak.
4. Looking ahead six months from now, do you expect your personal financial situation to be much stronger, somewhat stronger, about the same, somewhat weaker, or much weaker than it is now?
5. Compared to 6 months ago, are you NOW more or less comfortable making a major purchase, like a home or car?6. Compared to 6 months ago, are you NOW more or less comfortable making other household purchases?7. Compared to 6 months ago, are you NOW more or less confident about job security for yourself, your family and other people
you know personally?8. Compared to 6 months ago, are you NOW more or less confident of your ability to invest in the future, including your ability to
save money for your retirement or your children’s education?9. Thinking of the last 6 months, have you, someone in your family or someone else you know personally lost their job as a result
of economic conditions?10. Now look ahead at the next six months. How likely is it that you, someone in your family or someone else you know personally
will lose their job in the next six months as a result of economic conditions?
Demographics
49.0%Females
51.0%Males
23.0%
25.0%
21.0%
16.0%
15.0%
18 - 24
25-34
35-44
45-54
55 +
RegionsGender Age
39.0%
20.0%
14.0%
6.0%
5.0%
4.0%
3.0%
2.0%
2.0%
2.0%
2.0%
1.0%
Amman
Irbid
Zarqa
Balqa
Almafraq
Kerak
Jerash
Ma'an
Aqaba
Ajloun
Madaba
Altafielah
8.2%
20.8%
24.4%
46.6%
A B C DE
Socioeconomic
Class*
Demographics
*Based on Household Income*Excluding Don’t Know/ Refused To Answer
Jordan Consumer Sentiment IndexSeptember 2019 (Q2) Summary
Prelude
Amidst worsening global and local economic conditions, Jordanians continue to be generally frustrated with thedeclining living standards brought about by austerity measures adopted by the government. Despite theJordanian government’s efforts in being more vocal and active in adopting measures that aim at spurringeconomic and social development, the second quarter was marked with stagnation on most measures with onlya slight diffusion of the negativity that came as an aftermath of the Income tax law.
Whether in the form of implementing Ramadan measures, unveiling of the National Strategy for SocialProtection, identifying alternative sources for energy or increased efforts to open new markets for Jordanianproducts; the government has been active in adopting/declaring strategies that aim to alleviate economicburdens on Jordanian citizens. But the results of these measures are yet to be captured in Ipsos’ JCSI asJordanian’s views on the economy continue to be mostly negative with “caution” clearly marking their spendingbehavior.
6 months following the all-time-low sentiments that were registered in December of 2018, slight improvementsare witnessed when it comes to Jordanians’ sentiments towards the government and the economic situation ingeneral, pushing the Ipsos’ JCSI a few points up. This positivity came mainly from segments known to beeconomically inactive such as youth and females. Nonetheless, consumers continue to exhibit low confidencetowards the state of their finances, with the majority citing high cost of living as a major concern. Furthermore,increased expenditure on household necessities due to rising prices has also led Jordanians to spend less onmore luxury items leading to a drastic decrease in government tax revenue when compared to last year.
As global economy continues to struggle and Jordan’s alike, Jordanians’ uncertainty is driving more attentiontowards economic news. However, the majority of Jordanians are more likely to remember negative news aboutthe economy. With only 16% of news recalled being positive, Jordanians’ negative sentiments are stillovershadowing the positive developments unravelling in the Kingdom.
JCSI Summary: September 2019
JCSI, Q2 2019
36.4
Country Economic Situation
Personal Financial Situation
Top 3 Concerns For Jordanians
25.0%
22.6%
52.4%
Strong
Neither Strong Nor Weak
Weak
21.0%
25.1%
53.9%
Strong
Neither Strong Nor Weak
Weak
Inflation54.0%
Poverty & Social Inequality
30.2%
Versus Previous
Wave
34.9
Q: Rate your current financial situation, using a scale from 1 to 7,where 7 means your personal financial situation is very strong todayand 1 means it is very weak.
Q: Rate the current state of the economy in your local area using ascale from 1 to 7, where 7 means a very strong economy today and 1means a very weak economy.
Unemployment51.6%
Country’s General Situation
Current Economic SituationTrending
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
Positive Negative
33.4%
66.6%
Q: Now, thinking about our economic situation, how would you describe the current economic situation in Jordan?
2016 2016 2017 20172016 2018 2018 2018 2019 2019
91%
90%
80%
77%
63%
63%
63%
57%
55%
48%
46%
42%
41%
36%
33%
31%
29%
26%
25%
22%
21%
18%
17%
14%
11%
9%
10%
20%
23%
37%
37%
37%
43%
45%
52%
54%
58%
59%
64%
67%
69%
71%
74%
75%
78%
79%
82%
83%
86%
89%
China
Saudi Arabia
India
Germany
Australia
Sweden
US
Canada
Israel
Poland
Belgium
Great Britain
Mexico
Hungary
Jordan
Russia
Japan
Brazil
Spain
Turkey
France
South Korea
Italy
South Africa
Argentina
Positive Negative
Current Economic SituationGlobal Comparison
Q: Now, thinking about our economic situation, how would you describe the current economic situation in Jordan? Compared to the Positive Results of Q1,19
0%
+1%
-3%
+2%
-6%
-3%
+3%
0%
+4%
+8%
-4%
-1%
+6%
+3%
+2%
+2%
-4%
-2%
+6%
+10%
+6%
-3%
+5%
+4%
+1%
54.0%
51.6%
30.2%
24.9%
23.7%
19.3%
17.3%
17.2%
14.1%
10.5%
4.7%
4.7%
4.5%
4.3%
3.8%
Jordanians’ Top Concerns
Q: Which of these are your top three biggest concerns as a Jordanian citizen, whether they are economic, social or political?
High Cost of Living/ Inflation
Unemployment
Poverty & Social Inequality
Weak Economy
Corruption
Taxes
Education
Healthcare
Moral Decline
Crime & Violence
National Security
Political Instability
Environment
Scarcity of Natural Resources
Immigration
Compared to Q1,19
+9.7%
-4.1%
-7.7%
+0.9%
-6.8%
-5.7%
+1.9%
-0.6%
+2.9%
+0.8%
+1.1%
-0.3%
+0.3%
+1.6%
+0.2%
Q3 Q4 Q1 Q2
Heading in the Right Direction Heading in the Wrong Direction
42.7%
57.3%
2018 2018
Stance on the Country’s Future Situation
Q: Generally speaking, would you say things in this country are heading in the right direction, or are they off on the wrong track?
-1.4%
2019 2019
Jordanians’ Engagement With the News
15.6%
14.0%
12.5%
6.8%
5.6%
5.4%
4.8%
4.2%
4.2%
4.1%
3.4%
2.6%
2.1%
1.6%
1.4%
1.2%
1.0%
1.0%
0.9%
0.9%
6.6%
Increasing Prices, Taxes & Customs
Deal of the Century
Increasing Petrol Prices
New Oil, Gas, Oil shale Discoveries & Projects
Increasing Income Tax
Increasing Unemployment
Corruption News
Improving Economy, New Development Projects & Grants
News About Crime
Transportaion Projects & Development
Deterioration of Economy & Recession
Accidents & Fires
Bread Subsidy Program
Government Budget Deficiency
Changes in Social Security
News About King Abdulla II Activities/ Decisions
Wars in Neighbouring Countries
Strikes and Demonstrations
Public Sector Workforce Reductions
Adjusting Prices of Medicine
Others
Most Heard of/ Read News Items
Q: Thinking about the last 3 months, what was the latest most important piece of news that you recall hearing/reading?
38%
62%
Haven't Read/Heard Any News Lately
Heard/ Read News Lately
Involvement With News
16%
3%
81%
Positive Neutral Negative
Most Read/ Heard of News
31.7%
13.0%
12.8%
11.4%
8.6%
8.4%
2.5%
2.2%
2.0%
1.8%
1.0%
0.8%
0.7%
0.6%
2.4%
Increasing Prices, Taxes & Customs
Increasing Petrol prices
Increasing Unemployment
Pubic Sector Salaries
Deterioration of Economy & Recession
Increasing Income Tax
Deal of the Century
Corruption News
New Oil, Gas, Oil shale Discoveries & Projects
Increasing Gold prices
Improving Economy, New Development Projects & Grants
Government Improvements in general
Agriculture
Transportaion Projects & Development
Other
Most Discussed Economic News
Q: What is the latest economic news in Jordan have you recently discussed with your family or friends?
32%
68%
Haven't Discussed Any Economic News
Discussed Economic News
Involvement With Economic News
5% 2%
93%
Positive Neutral Negative
Economic News Discussed
Sentiments Towards the Current Government
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Q3 Q4 Q1 Q2
Positive Outlook (Top Three Box Score) Neutral Outlook Negative Outlook (Bottom Three Box Score)
Confidence in the Government’s Role
Q: How confident are you on a scale of 1 to 10, where 1 is not confident at all and 10 is extremely confident, with the new government’s overall ability to improve thesituation in Jordan?
2018 2018 2019 2019
43.5%
18.7%
37.7%
+2.1%
+3.3%
2019
+2.1%
+3.3%
Personal Financial Situation
72.2% 23.3% 4.6%Transportation
Increased Stayed The Same Decreased
Q: Compared to 12 months ago, has your expenditure on the below increased, decreased or stayed the same?
39.9% 34.6% 25.5%Fashion Products
Jordanian Spending
Utility Bills (Ex. Electricity bills, Water bills)
77.3% 18.8% 3.8%
57.4% 29.0% 13.6%
Food & Beverages (Groceries)
37.7% 56.3% 6.0%Household Products (Household Hygienics)
40.3% 32.3% 27.3%Entertainment & Leisure Activities
34.5% 62.1% 3.4%Telecommunication Bills
Personal Care(Ex. Lotion, Makeup… etc.)
34.0% 54.8% 11.2%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
Strong (Top 3 Score) Neither Strong Nor Weak Weak (Bottom 3 Score)
Q: Rate your current financial situation, using a scale from 1 to 7, where 7 means your personal financial situation is very strong today and 1 means it is very weak.
25.1%
21.0%
53.9%
Current Personal Financial Situation
+2.7%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
Stronger About the Same Weaker
Q. Looking ahead six months from now, do you expect your personal financial situation to be much stronger, somewhat stronger, about the same, somewhat weaker, ormuch weaker that it is now?
42.3%
35.3%
22.4%
Future Personal Financial Situation
-2.3%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
Jordan’s Economic Situation
79%
73%
57%
56%
55%
51%
47%
45%
43%
38%
34%
32%
30%
28%
27%
26%
25%
25%
25%
24%
21%
17%
14%
14%
13%
7%
10%
17%
17%
15%
16%
23%
25%
26%
30%
36%
33%
40%
54%
48%
44%
41%
43%
52%
45%
54%
58%
64%
58%
54%
China
Saudi Arabia
US
India
Germany
Israel
Sweden
Canada
Australia
Poland
Great Britain
Mexico
Belgium
Turkey
Brazil
Italy
Spain
France
Jordan
Hungary
Russia
South Africa
Argentina
South Korea
Japan
Positive Outlook (Top 3 Box Score) Neutral Outlook Negative Outlook (Bottom 3 Box Score)
Current State of the EconomyGlobal Comparison
Q: Now Rate the current state of the economy in your local area using a scale from 1 to 7, where 7 means a very strong economy today and 1 means a very weak economy.
+2%
+7%
+5%
-4%
+1%
-7%
-9%
+3%
0%
+5%
+1%
+5%
+2%
+8%
-1%
+6%
+4%
+1%
+1%
0%
0%
+2%
+1%
-7%
-2%
Compared to the Positive Results of Q1,19
Current State of the Economy
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
Strong (Top 3 Score) Neither Strong Nor Weak Weak (Bottom 3 Score)
Q: Rate the current state of the economy in your local area using a scale from 1 to 7, where 7 means a very strong economy today and 1 means a very weak economy.
22.6%
25.0%
52.4%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
Stronger About The Same Weaker
Q: Looking ahead six months from now, do you expect the economy in your local area to be stronger, somewhat stronger, about the same, somewhat weaker, or muchweaker than it is now?
Future State of the Economy
47.2%
26.6%
26.6%
-1.8%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
Employment
Job SecurityGlobal Comparison
Q. Compared to 6 months ago, are you now more or less confident about job security for yourself, your family and other people you know personally?
87%
74%
64%
61%
60%
53%
53%
53%
50%
46%
45%
43%
43%
42%
41%
40%
40%
38%
37%
36%
35%
31%
28%
24%
18%
13%
26%
36%
39%
40%
47%
47%
47%
50%
54%
55%
57%
57%
58%
59%
60%
60%
62%
63%
64%
65%
69%
72%
76%
82%
China
Saudi Arabia
India
Sweden
US
Germany
Mexico
Israel
Canada
Australia
Poland
Brazil
Spain
Hungary
Italy
Great Britain
Belgium
Russia
Turkey
France
South Africa
Jordan
Argentina
Japan
South Korea
More Confident Less ConfidentCompared to More
Confident Results of Q1,19
+5%
+4%
+2%
+1%
+4%
-2%
+4%
+5%
-2%
+2%
-2%
-3%
+4%
+10%
+5%
+1%
+1%
+3%
+12%
+5%
-5%
+1%
+6%
-4%
-3%
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
More Confident Less Confident
Q. Compared to 6 months ago, are you now more or less confident about job security for yourself, your family and other people you know personally?
Job Security
69.4%
30.6%
-1.0%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
Yes No
Q. Thinking about the last 6 months, have you, someone in your family or someone else you know personally lost their job as a result of economic conditions?
Job Losses in the Past Six Months
53.1%
46.9%
+1.2%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
Likely Unlikely
Q. Looking ahead at the next six months, how likely is it that you, someone in your family or someone else you know personally will lose their job in the next six months asa result of economic conditions?
69.5%
30.5%
Job Losses in the Next Six Months
-1.2%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
Investment Climate
Ability to Invest in The FutureGlobal Comparison
84%
69%
68%
53%
49%
48%
47%
44%
44%
43%
39%
39%
37%
36%
33%
33%
32%
32%
31%
29%
28%
28%
22%
20%
17%
16%
31%
32%
47%
51%
52%
53%
56%
56%
57%
61%
61%
63%
64%
67%
67%
68%
68%
69%
71%
72%
72%
78%
80%
83%
China
India
Saudi Arabia
US
Sweden
Mexico
Brazil
Canada
Australia
Germany
South Africa
Israel
Poland
Great Britain
Italy
Belgium
Spain
Turkey
Jordan
France
Hungary
Argentina
Russia
South Korea
Japan
More Comfortable Less Comfortable
Q. Compared to 6 months ago, are you NOW more or less comfortable about your ability to invest in the future, including your ability to savemoney for your retirement and your children’s education?
+1%
+2%
+4%
+2%
-3%
+3%
-2%
-3%
+2%
0%
-5%
-2%
+6%
+1%
+3%
+4%
0%
+13%
+3%
+5%
+3%
+10%
-2%
-5%
-3%
Compared to More Confident Results of Q1,19
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
More Comfortable Less Comfortable
Q. Compared to 6 months ago, are you NOW more or less comfortable about your ability to invest in the future, including your ability to save money for your retirementand your children’s education?
Ability to Invest in The Future
68.7%
31.3%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
More Comfortable Less Comfortable
Q. Compared to 6 months ago, are you now more or less comfortable making a major purchase, like a home or car?
Ability to Make a Major Purchase
85.7%
14.3%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
More Comfortable Less Comfortable
Q. Compared to 6 months ago, are you now more or less comfortable making other household purchases?
Buying Household Durables
81.8%
18.2%
2016 2016 2017 20172016 2018 2018 2018 2019 2019
JCSI Deep Dive
0
10
20
30
40
50
60
70
80
90
100
Ch
ina
Sau
di A
rab
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Ind
ia US
Swed
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Isra
el
Ger
man
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Can
ada
Mex
ico
Au
stra
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Po
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Gre
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rita
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Bra
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Bel
giu
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Spai
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Hu
nga
ry
Ital
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Fran
ce
Sou
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fric
a
Jap
an
Ru
ssia
Arg
enti
na
Turk
ey
Sou
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ore
a
Jord
an
56.253.6 55.5
52.749.2 49.7
39.0
31.734.9 36.4
0
10
20
30
40
50
60
70
80
90
100
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
36.4
Avg. 50.0
2016 2016 2017 20172016 2018
JCSI- Trending JCSI- Global Comparison
Overall JCSI
20182018 2019 2019
46.6 43.7 44.741.1
36.8 35.0
25.018.9
22.6 25.0
0
10
20
30
40
50
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70
80
90
100
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
0
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Ch
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Avg. 50.0
25.0
JCSI PersonalFinancial Conditions
This quarter’s index on financial conditions has seen a 2.4 increase in comparison to last quarter. This increase has caused Jordan to jump a position amongst other countries, leaving it in the 23rd position.
1. Compared to 6 months ago, are you NOW more or lesscomfortable making other household purchases?
2. Compared to 6 months ago, are you NOW more or lesscomfortable making a major purchase, like a home or car?
3. Compared to 6 months ago, are you NOW more or lessconfident about job security for yourself, your family and otherpeople you know personally?
4. Compared to 6 months ago, are you NOW more or lessconfident of your ability to invest in the future, including yourability to save money for your retirement or your children’seducation?
5. Rate your current financial situation, using a scale from 1 to 7,where 7 means your personal financial situation is very strongtoday and 1 means it is very weak.
6. Rate the current state of the economy in your local area usinga scale from 1 to 7, where 7 means a very strong economytoday and 1 means a very weak economy.
Avg. 50.0
2016 2016 2017 20172016 2018 20182018 2019 2019
0
10
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30
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50
60
70
80
90
100
Ch
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Ind
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Sau
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Po
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Jord
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Ru
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Fran
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Jap
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Sou
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63.5 62.2 63.2 62.759.4
64.2
55.0
46.850.1 51.4
0
10
20
30
40
50
60
70
80
90
100
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
51.4 Avg. 50.0
Avg. 50.0
JCSI Economic Expectations
Jordanians’ expectations regarding the future of theircountry’s economy and their own finances is more positivethis quarter. Their positivity has repositioned Jordan to bethe 20th country out of 25 countries.
1. Now look ahead at the next six months. How likely is itthat you, someone in your family or someone else youknow personally will lose their job in the next six monthsas a result of economic conditions?
2. Looking ahead six months from now, do you expect theeconomy in your local area to be much stronger,somewhat stronger, about the same, somewhat weaker,or much weaker than it is now?
3. Looking ahead six months from now, do you expect yourpersonal financial situation to be much stronger,somewhat stronger, about the same, somewhat weaker,or much weaker than it is now?
2016 2016 2017 20172016 2018 20182018 2019 2019
0
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fric
a
Ital
y
Turk
ey
Arg
enti
na
Hu
nga
ry
Fran
ce
Ru
ssia
Jord
an
Sou
th K
ore
a
Jap
an
48.0 45.549.0
44.639.1 40.0
28.821.8
25.5 28.2
0
10
20
30
40
50
60
70
80
90
100
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
28.2
Avg. 50.0
Avg. 50.0
JCSI Investment Climate
Jordanians’ positivity towards their ability to invest hasincreased even more this quarter, reflecting on an increaseby 2.7 for this index.
1. Compared to 6 months ago, are you NOW more or lesscomfortable making a major purchase, like a home orcar?
2. Compared to 6 months ago, are you NOW more or lesscomfortable making other household purchases?
3. Compared to 6 months ago, are you NOW more or lessconfident of your ability to invest in the future, includingyour ability to save money for your retirement or yourchildren’s education?
4. Rate your current financial situation, using a scale from 1to 7, where 7 means your personal financial situation isvery strong today and 1 means it is very weak.
5. Looking ahead six months from now, do you expect yourpersonal financial situation to be much stronger,somewhat stronger, about the same, somewhat weaker,or much weaker than it is now?
2016 2016 2017 20172016 2018 20182018 2019 2019
0
10
20
30
40
50
60
70
80
90
100
Ch
ina
US
Ger
man
y
Isra
el
Swed
en
Can
ada
Jap
an
Gre
at B
rita
in
Po
lan
d
Hu
nga
ry
Ind
ia
Au
stra
lia
Fran
ce
Bel
giu
m
Ital
y
Mex
ico
Sau
di A
rab
ia
Spai
n
Sou
th K
ore
a
Ru
ssia
Sou
th A
fric
a
Arg
enti
na
Jord
an
Turk
ey
Bra
zil
66.962.8 64.6
61.5 60.0 60.3
46.240.8 41.7 42.3
0
10
20
30
40
50
60
70
80
90
100
Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2
42.3
Avg. 50.0
Avg. 50.0
The employment index has seen the leastimprovement in comparison to other indices thisquarter. But this slight improvement did not have aneffect on Jordan’s position in comparison to lastwave.
1. Compared to 6 months ago, are you now more orless confident about job security for yourself, yourfamily and other people you know personally?
2. Thinking about the last 6 months, have you,someone in your family or someone else youknow personally lost their job as a result ofeconomic conditions?
3. Now look ahead at the next six months. Howlikely is it that you, someone in your family orsomeone else you know personally will lose theirjob in the next six months as a result of economicconditions?
JCSI Employment Confidence
2016 2016 2017 20172016 2018 20182018 2019 2019
JCSI Methodology
Methodology
Methodology – Computer Assisted Telephone Interviews (CATI)Sample Size – 1000 RespondentsAge – 18 years old and aboveSample Criteria – Nationally Representative Sample of Jordanians
The JCSI Index is calculated by utilizing data from the survey results. Responses are divided into aggregated Top Box (Reward) numbers and Bottom Box (Penalty) numbers. Using Shapely Value Analysis, values were generated for the penalty and reward for each question. The magnitude of each question is the difference between the reward and penalty. An Importance factor, which the ultimate weight of the particular question in the index, is the magnitude of each question divided by the total magnitude of all questions. A Top Box Weight for each question is calculated by dividing the Reward by the magnitude of each question. Similarly, the Bottom Weight for each question is calculated by dividing the Penalty for each question by magnitude of the same. The Index Value for each question is calculated by using the formula: Importance x (Top Box Wt * Top Box %) -(Bottom Box Wt * Bottom box %).
For more information, please contact:
Noor Al-Salhi
Senior Accounts Manager – Ipsos Jordan
GAME CHANGERS
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make our changing world easier and faster to
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Saif Nimry
Managing Director of Jordan and Iraq
Tala Abughoush
Project Manager– Ipsos Jordan