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SCI on 2nd Quarter Youth Unemployment

SCI on 2nd Quarter Youth Unemployment
SCI on 2nd Quarter Youth Unemployment

The youth unemployment rate of those between 15 and 24 years stood at 25.7% in the second quarter of the current Iranian year (June 22-Sept. 22), posting a 2.6% increase year-on-year, latest data released by the Statistical Center of Iran about the country’s job market show. 
The unemployment rate of those between 18 and 35 years stood at 17.6% in Q2, posting a growth of 0.7% YOY.
Iran’s overall unemployment rate, the proportion of jobless population of ages 15 and above, stood at 9.6% in summer, indicating a 0.1% decline compared with the same period of last year. 
A total of 2,496,086 Iranians were unemployed in Q2. Men’s unemployment stood at 8.1% while the rate for women hovered around 17.7%. 
Over 1.74 million men and 751,239 women of ages 15 and above were jobless in Q2.   
The unemployment rate was 10.7% for urban areas (2.08 million people) and 6.5% for rural areas (411,930 people).
SCI put Q2 labor force participation rate — the proportion of the population of ages 15 and above that is economically active, i.e., either employed or looking for a job — at 41.1% or 25.9 million people, registering a 0.7% decrease year-on-year. 
Men’s and women’s economic participation rates were 68.8% and 13.5% respectively in the same period.
A total of 21.66 million men and 4.24 million women of ages 15 and above were economically active in Q2, i.e., they were either employed or looking for a job.
 

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