Iran Economy NewsIRAN: Unemployment rate has risen by 1.5% in the...

IRAN: Unemployment rate has risen by 1.5% in the second quarter of 2016

-

Iran’s Center for Statistics states that unemployment is roughly 25% among young people; an increase of 2.5% in the past year.

The Iranian Minister of Labour and Social Affairs, Ali Rabiei, warned back in 2014 that if the economic growth did not reach at least 7% per year, that Iran would not be able to “curb unemployment”.

The economic growth in the past year was roughly 1%. This coupled with reports from the Iranian Statistical Center and the International Monetary Fund, prove that Rouhani’s government has been unable to curb unemployment.

Rouhani’s government may have been counting on the nuclear deal between Iran and the West to give a much, more dramatic boost to the economy. The economy is still struggling with the consequences of the sanctions and government mismanagement.

The International Monetary Fund said in a report last week that Iran’s employment rank has dropped three places since last year.

Women, young people, those in urban areas are most likely to be affected by unemployment.

Latest news

Iran: Raisi’s Six-Month Economic Record Contrasts Sharply With His 7,000-Page Program

In the summer of 2021, the Iran regime’s supreme leader Ali Khamenei installed the infamous Judiciary Chief Ebrahim Raisi...

Iran’s Export in the Casino of the State Mafia

The Chairman of the Tehran Chamber of Commerce, Mohammad Khansari, has stated that the total volume of exports of...

Will Iraq Get Ever Free of Iran’s Sway?

After many years and massive popular protests, there are indications that Iraq’s body politic has decided to separate its...

Tehran Downplays Real Statistics of Car Accident Fatalities

The number of road accidents and fatalities in Iran has significantly increased during recent weeks. However, this is not...

The JCPOA and the Capitulation of Iran

Iran’s government is trying to depict a strong position in its international relations and actions, especially during the nuclear...

Iran Government’s Serious and Incurable Crises

Over the past years Iran’s incurable crises have led to increased protests, and every new year the regime is...

Must read

French FM urges Iran to suspend uranium enrichment

AFP: French Foreign Minister Philippe Douste-Blazy urged Iran on...

Human Rights Watch 2019 Report on Iran: Unrelenting Repression

Iran Focus London, 21 Jan - According to Human...

You might also likeRELATED
Recommended to you