Economy
Most of the Northwestern section of the municipality are planted to palay. Rice production is the main source of living of the populace. Twenty (20) barangays of Jaen are fully irrigated. About 80% of the land is suited for rice production, this covers an area of a little less than 9,500 hectares.
Mango plantations are found in the Southern portion of the municipality. Based on the latest survey, 584 hectares are utilized for mango production. This includes backyard mango farms. Ten percent (10%) of the total agricultural area is planted to vegetables.
In the urban area, mostly in the Poblacion and nearby barangays, several establishments have sprouted. These include agricultural supply traders, dry goods stores, hard wares, groceries and eateries. The public market is in the area.
Among the service businesses in the area are pawnshops, auto and motorcycle parts and service, computer repair shops, internet café, tailoring and dress shops and rural banks.
Distilled and purified water processors, mobile phone card dealers, cable and landline telephone businesses are also present in the municipality.
Professional services of doctors, accountants, dentists, lawyers and engineers are also prevalent in the town.Most of the unemployed and out of school youths are given employment by private contractors and the local government unit in doing manual jobs as construction workers and street sweepers.
Read more about this topic: Jaen, Nueva Ecija
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)