Domestic Economy
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430K Increase in Employment Last Year

430K Increase in Employment Last Year430K Increase in Employment Last Year

More than 24.27 million Iranians were employed in the last fiscal year (March 2019-20), nearly 430,000 more than the year before. 
Employment refers to an activity undertaken by persons of working age engaged in the production of goods or supply of services for pay or profit, whether at work during the reference period or not at work due to a temporary absence from a job, or to working-time arrangement.
Labor force participation rate—the proportion of the population of ages 15 and above that is economically active either employed or looking for a job—stood at 44.1%, registering a 0.4% decrease year-on-year. 
The unemployment rate, the proportion of jobless population of ages 15 and above, stood at 10.7%, indicating a 1.5% decline compared with the year before, the latest report by the Statistical Center of Iran shows.

 

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