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

Amnesty International Calls Halting the Death Sentence of Toomaj Salehi

On Thursday, May 17, Amnesty International sent a letter to the head of the Iranian regime’s judiciary, calling for...

Around 6 Workers Die of Safety Incidents Every Day in Iran

Ali Ziaei, the head of the Crime Scene Investigation Group at the Iranian Forensics Organization, reported the deaths of...

Air Pollution Kills 26,000 People in Iran Every Year: Head of Environment Organization

Ali Salajegheh, the head of the Environmental Protection Organization admitted in a conference in Kerman on Monday, May 13...

Australia Sanctions Iranian Regime Navy and IRGC Commanders

On Tuesday, May 15, the Australian Government imposed targeted sanctions on five Iranian individuals and three entities, in response...

Iranian Regime Sabotage Plot Neutralized in Jordan

According to informed Jordanian sources, security authorities thwarted a suspicious plot led by the Iranian regime to smuggle weapons...

Iran Facing Infant Formula Scarcity Again

Iranian media have reported a new increase in the price of infant formula and announced that this trend has...

Must read

Fifteen killed in Iran road pile-up

AFP: A crash involving four cars in southeastern Iran...

US calls for release of Iranian rights activist

AFP: The United States called Wednesday for the immediate...

You might also likeRELATED
Recommended to you

Exit mobile version