Iranian tile manufacturing company shut down, 150 workers sacked
Baku, Azerbaijan, Jan.7
By Fatih Karimov - Trend:
A tile manufacturing company in Iran has been closed down due to financial problems and 150 workers of the company have been unemployed, ILNA News Agency reported on January 6.
Samand Tile Company has not paid salaries to its workers for the past six months.
Some 80 workers have filed complaints against the company.
The company has over 10 billion rials (about $430,000) to the Social Security Organization in unpaid insurance payments.
The Iranian labor minister has warned of a 10 million jobless threat in the country, the Mehr News Agency reported on December 7.
Labor minister Ali Rabiee has warned of a "great unemployment tsunami" and referred to it as a major concern for the administration of President Hassan Rouhani.
Jobless rate in Iran fell to 10.3 percent in autumn this year from 10.4 percent in summer, the Statistical Center of Iran announced on Sunday.
Jobless rates among men and women were 8.5 percent and 20.4 percent, respectively, IRNA reported.
Iran must create 8.5 million new jobs in the next two years, Iranian Finance and Economic Affairs Minister Ali Tayyebnia said on November 19.
In August, Iranian Deputy Labor Minister Mohammad-Hossein Forouzan-Mehr said that the plans were underway to reduce the unemployment rate in Iran to seven percent by 2015.
The unemployment rate will fall by one percent each year during 2013-2015, he added.