485,000 New Jobs Averaged Annually Since 2013
Economy, Business And Markets

Iran: 485,000 New Jobs Averaged Annually Since 2013

An average of 485,000 jobs were created every year during President Hassan Rouhani’s first term (Aug. 2013-17), the head of the Statistical Center of Iran said. Omid Ali Parsa added that the figure stood at around 76,000 during the two successive presidential terms of Mahmoud Ahmadinejad (2005-13). According to Parsa, 23.827 million Iranians were employed in the country in summer (June 22-Sept. 22), IRNA reported. He noted that 9.2% of these employees worked part-time, i.e. less than 44 hours a week, while 40% worked full-time. The unemployment rate in summer stood at 11.7%, registering a 1% drop compared with last year’s similar quarter and a 0.9% decrease compared with spring. Labor force participation rate—the proportion of the population of ages 10 years and above that is economically active (either employed or looking for work)—was at 41% in Q2, registering a 0.6% rise compared with last summer and a 0.4% increase compared with Q1.

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