TEHRAN, Iran, Jan. 6
Trend:
Statistical Center of Iran reports jobless rate dropped 0.5 percent in current autumn (from September to October), compared to the same period last year, to 8.9 percent, Trend reports citing IRNA.
According to a report by the Irans Statistical Center, the country's unemployment rate has dropped to its lowest point in the past 25 years.
The Statistical Center of Iran (SCI) report showed the figure was the lowest on record for Iran’s labor market since 1996.
The report emphasized that the declining trend does not mean more employment.
Referring to Covid-19, the SCI says the disease has caused many young adults to leave the labor market after failing to find a proper job.
“We are witnessing a reduction in active population and as a result, the jobless rate has been declining,” it added.
SCI report showed that Iran’s economically inactive population of above 15-year-olds had increased to reach over 37.3 million people.
Some 20 out of 31 Iranian provinces had reported single-digit jobless rates over the autumn, including Razavi Khorasan province where unemployment was lowest in the country at 5.3 percent.
The highest jobless rate of 15.3 percent was recorded in Hormozgan Province.