Iran’s unemployed rise by 1.6 million each year, Shargh reports

Bloomberg: Iran’s unemployed population increases by about 1.6 million each year, Shargh reported, citing parliamentary member Jalal Mahmoudzadeh.

Bloomberg

By Ladane Nasseri

Iran’s unemployed population increases by about 1.6 million each year, Shargh reported, citing parliamentary member Jalal Mahmoudzadeh.

Iran’s population mostly consists of young people and there aren’t enough jobs created to match the number of Iranians graduating from universities each year, Mahmoudzadeh said in a report published by the Tehran-based newspaper today.

Official figures claim there are 2.5 million unemployed in Iran which fails to take into account part-time workers, the newspaper quoted Mahmoudzadeh as saying.

Iran has a population of almost 75 million. Iran’s Labour Ministry said last year that at least 20 percent of university graduates are unemployment.