Domestic Economy
0

Unemployment at 12.1% Last Year

Labor force participation rate was at 40.3% or 26.58 million people last year, registering a 0.9% rise compared with the year before
The unemployment rate was 13.4% for urban areas (2.63 million people) and 8.2% for rural areas (572,913 people).The unemployment rate was 13.4% for urban areas (2.63 million people) and 8.2% for rural areas (572,913 people).

Iran’s unemployment rate stood at 12.1% in the last fiscal year that ended on March 20, registering a 0.3% drop compared with the year before, according to the latest report by the Statistical Center of Iran. 
A total of 3.21 million Iranians were unemployed last year. 
The center has put last year’s labor force participation rate—the proportion of the population of ages 10 years and above who were economically active (either employed or looking for work)—at 40.3% or 26.58 million people, registering a 0.9% rise compared with the year before. 
Women unemployment rate stood at 19.8% while joblessness among men hovered around 10.2%; that is over 2.17 million men and 1.03 million women of ages 10 and above were jobless last year. 
Men’s and women’s economic participation rates were 64.5% and 16% respectively last year. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com