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IMF: Iran’s Unemployment to Exceed 10 Percent in 2022-23

IMF: Iran’s Unemployment to Exceed 10 Percent in 2022-23
IMF: Iran’s Unemployment to Exceed 10 Percent in 2022-23

The International Monetary Fund expects the unemployment rate in Iran to exceed 10% in 2022 and the following year.
In its latest World Economic Outlook report titled “War Sets Back Global Recovery”, IMF says unemployment in Iran is forecast to stand at 10.2% and 10.5% in 2022 and 2023, after experiencing a 9.8% in 2021.
Latest data released by the Statistical Center of Iran about the country’s labor market show Iran’s unemployment rate, the proportion of the jobless population of ages 15 and above, stood at 9.4% in the fourth quarter of last Iranian year (Dec. 22, 2021-March 20), indicating a 0.3% year-on-year decline. 

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