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Iran may face 11 million jobless people by 2025

Iran Materials 14 April 2014 12:07 (UTC +04:00)

Baku, Azerbaijan, Apr.14

By Fatih Karimov - Trend:

Iran may face 11 million jobless by the calendar year 1400 (March 2024-March 2025) if the same economic patterns of the past decades are followed.

Iranian interior minister Abdolreza Rahmani Fazli has warned that the number of unemployed people will be multiplied if the situation doesn't change, Iran's Mehr news agency reported on April 14.

He put the country's current unemployment rate at 14 percent.

The high unemployment rate among Iranian university graduates is a main concern for the Iranian administration.

On April 11, Ali Rabiei, the minister of labor and social affairs said the administration is planning to curb the high jobless rate, and added that although each employed Iranian receives ten million rials (about $390) as monthly salary on the average, but if the inflation rate goes higher, creating more jobs will not be economically justified.

According to the latest reports of the Statistical Center of Iran, some 2.5 million people are jobless in the country, and around 1.4 million of them are university graduates.

The Statistical Center of Iran reported on January 5 that the country's unemployment rate stood at 10.3 percent in the third quarter of the current calendar year, which started on March 21.

The figure shows 0.1 percent decrease compared to the same period of time previous year.

The report put the country's jobless population during the three-month period at over 2.4 million.

The country's unemployment rate in urban and rural areas stood at 11.7 and 6.9 percent respectively in the mentioned period.

Iranian President Hassan Rouhani said in December that job creation is the most significant issue in the future of the country's economy, while the combination of inflation and stagnation is now the most important problem.

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