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Employment in Iran's Razavi Khorasan Province spikes

Business Materials 30 November 2020 16:02 (UTC +04:00)
Employment in Iran's Razavi Khorasan Province spikes

BAKU, Azerbaijan, Nov. 30

By Elnur Baghishov – Trend:

The employment in the Razavi Khorasan Province (northeastern Iran) increased by 45.6 percent during the first six months of the current Iranian year (from March 20 through September 21, 2020) compared to the same period last Iranian year, Trend reports citing the Ministry of Industry, Mine and Trade of Iran.

According to the statistics, about 4,450 people were employed with the launch of enterprises in Iran's Razavi Khorasan Province over the reporting period. While in the same period last Iranian year, 3,050 people were employed.

"A total of 230 enterprises were launched in Iran's Razavi Khorasan Province within the 6 months. This is an increase of 25.7 percent compared to the same period last Iranian year. Thus, 183 enterprises were launched in the province in the same period last Iranian year," the statistics said.

About 22.4 trillion rials (about $532 million) was spent on the construction of these enterprises within six months of the current Iranian year, the statistics said.

According to the statistics, the expenses increased by 132 percent compared to the same period last Iranian year. This figure amounted to 9.64 trillion rials (about $223 million) in the same period last Iranian year.

A total of 3,050 enterprises were launched in Iran over the past six months of the current Iranian year. About 380 trillion rials (about $9.04 billion) was spent on the construction of the enterprises. About 51,600 people were employed with the launch of these enterprises.

The number of enterprises launched in Iran increased by 1.4 percent compared to the same period last Iranian year. This resulted in an increase of 72.1 percent in terms of expenses and 8.2 percent in terms of employment.

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