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Iranian youth’s unemployment rate hits 16.1%

Business Materials 30 January 2015 15:34 (UTC +04:00)

Tehran, Iran, Jan. 30

By Milad Fashtami - Trend:

Some 16.1 percent of youths between the age of 25 to 29 were jobless in Iran in the three-month period from September 23 to December 22.

The Statistical Center of Iran reported that the country's total unemployment rate stood at 10.5 percent in the mentioned period. The figure was 9.5 percent in summer.

Agriculture, industry, and services sectors accounted for 3.2, 42.5, and 54.3 percent employment in Iran in the mentioned period.

The Central Bank of Iran reported in November that 24 percent of Iranian households have no employed members.

Some 57 percent of the households have just one employed member, while 15.5 percent have two.

The report also suggests that the number of households with 3 or more employed members is around 3.5 percent.

In the past few months some contradictory reports have been released in regards to Iran's unemployment rate.

Head of Iran's Labor and Social Welfare Institution Mohammad-Reza Sepehri said on October 10 that currently 9.5 million people are unemployed in the country. He put the number of employed Iranians at 22 million.

Minister of Cooperative, Labor and Welfare Ali Rabi'ee said on September 21 that currently 6 million people are unemployed in Iran.

College graduates account of the lion share of the mentioned figure.

According to Rabiee the figure will reach 10 million in the next seven years.

The Statistical Center of Iran puts the number of Iran's so-called absolute unemployed at 2.5 million. The center previously announced that the unemployment rate stands at 10.7 percent.

Based on international standards, the country is currently struggling with a crisis in regards to the unemployment rate of youths (under the age of 30).

Rabi'ee, however, said that currently 22 million people are employed in Iran, promising that the figure would reach 35 million in 7 years.

"Currently there are 2 million job opportunities in the country that no one is willing to take," he said, explaining that the college graduates' unwillingness to do certain jobs has given the opportunity to foreign immigrants to take the jobs.

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