Iran’s labor market is not in a good shape, as its economic participation rate is low and unemployment rate is high.
According to a report by the Statistical Center of Iran, economic participation rate stood at 44.1% in the year ending March 2020. The rate stands at 50% in Middle Eastern countries and above 60% in East Asian countries, the World Bank 2020 report says.
The jobless rate has been in the double digits over the past two decades. However, unfavorable conditions of the labor market have not been the same for all.
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