Iran Ministry of Cooperatives recorded 760,000 people seek job

Business Materials 25 May 2011 17:30 (UTC +04:00)

Azerbaijan , Baku, May 25 /Trend/

The Iranian Ministry of Cooperative reported 760,000 people are seeking job in Iran, IRNA reported quoting Iranian Deputy Minister of Cooperatives Gholamhossein Hosseininia as saying

The Ministry of Cooperative developed more than 10,000 new business opportunity plans to employ 440,000 people, he said.

Iranian President Mahmoud Ahmadinejad promised to create 2.5 million jobs by the end of solar year (end March 20, 2012), challenging the ministry to create one million jobs.

The ministry also plans to launch new business enterprises and upgrade semi active cooperatives.

Economic growth and unemployment rate have not been announced by CBI's statistic center over the past two years.

The International Monetary Fund forecasted zero-percent economic growth in Iran in 2011.

Iran includes those working even an hour a week into the list of employed people. According to international standards, employed person should have minimum 48 work hours a week.