Applying Factor Analysis for Studying the Most Important Factors Economic Affecting the number of employees within period 2000 till 2009 in Syria

The objective of this research is applying Factor Analysis for Studying the most important economic factors affecting the number of employees within period 2000 till 2009 in Syria, to propose a methodological framework for constructing the integrated factor analysis model system (FAMS) that can be used as a decision support tool in employment year examination and supervision process for detection of years, which are experiencing serious problems. Sample and variable set of the study contains 17 economic variables. Study years (10 years during the period 2000–2009) and their economic variables. Well known multivariate statistical technique (principal component analysis), was used to explore the basic economic characteristics of the theses years, and discriminant models were estimated based on these characteristics to construct FAMS. The importance of factor analysis model system in employment year examination was evaluated with respect to defining the non-employment years for deciding the most important employment policy for reducing unemployment rates in future. Results of the study show that, if FAMS was effectively employed within studied years, It is possible in this case to identify weaknesses, according to the years that have the number of employees is less than the overall average calculated over the period.