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Number of jobless people in Iran increases by 270,000 over 8 years

Business Materials 28 June 2013 11:52 (UTC +04:00)

Azerbaijan, Baku, Jun.28/ Trend F.Karimov/

The number of jobless people in Iran has increased by 270,000 over the past eight years (March 2005-March 2013), the Mehr News Agency reported.

According to statistics released by the Statistical Center of Iran, the number of jobless people rose from 2,674,866 in Iranian calendar year 1384 (March 2005-March 2006) to 2,944,158 in Iranian calendar year 1391 (March 2012-March 2013).

This is while some 6 million workers in Iran receive the lowest salary set by the labor ministry.

Iran's new elected president Hassan Rohani has said meeting urgent economic needs of the country, including the supply of staple foods, will be the top priority of his administration.

According to the International Monetary Fund, Iran's economy shrank by 1.9 percent in 2012. The value of the country's currency, the rial, also fell by 40 percent in 2012. According to the Central Bank of Iran, the country's inflation was over 30 percent in the previous year.

Earlier, Mehr news agency quoted Rohani's economic advisor Mohammad-Baqer Nobakht as saying that Rohani will revise the system for cash subsidies.

The administration of Rohani will make every effort to reduce the effects of economic sanctions, Nobakht said.

In March, Iran's high council of employment announced it had plans to create 1.1 million jobs in the current Iranian calendar year, which began on March 21, the Mehr News agency quoted Iranian deputy labor minister Ali-Akbar Labbafi as saying.

The fifth five-year economic development plan (2010-2015) has envisaged creating 1.1 million jobs per year, he added.

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