Q4 Unemployment Rate Decreases

Iran’s unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.7% in the fourth quarter of last fiscal year (Dec. 21, 2020-March 20), indicating a 0.9% decline compared with the same period of the year before. 
The Statistical Center of Iran put Q4 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—at 40.9%, registering a 1.5% decrease year-on-year. 
Employment is defined as persons of working age engaged in any activity to produce goods or provide 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.
The total number of employed population was 23.13 million, down 300,000 compared with the same quarter of the previous Iranian year.