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Employment in Iran's West Azerbaijan Province increases

Finance Materials 26 November 2020 15:35 (UTC +04:00)
Employment in Iran's West Azerbaijan Province increases

BAKU, Azerbaijan, Nov. 26

By Elnur Baghishov – Trend:

The employment in the West Azerbaijan Province (northwestern Iran) increased by 60.4 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, 1,380 people were employed with the launch of enterprises in Iran's West Azerbaijan Province. While in the same period last Iranian year, 861 people were employed.

“A total of 88 enterprises were put into operation in Iran's West Azerbaijan Province within the 6 months. This is a decrease of 27.9 percent compared to the same period last Iranian year. Thus, 122 enterprises were put into operation in the province in the same period last Iranian year,” the report said.

About 4.23 trillion rials (about $100 million) was spent on the construction of these enterprises, the report said.

According to the report, the expenses increased by 60.9 percent over the 6 months of the current Iranian year compared to the same period last Iranian year. This figure amounted to 2.63 trillion rials (about $62.6 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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