Iran’s labor force participation rate hits 40.4%
Baku, Azerbaijan, Nov. 8
By Fatih Karimov – Trend:
Iran’s labor force participation rate reached 40.4 percent in summer 2016, according to the latest report from the Iranian Statistical Center.
The figure indicates a rise by 0.9 percent in comparison with spring 2016 and 1.5 percent compared to summer 2015.
The participation rate is the percentage of working-age persons in an economy who are employed or unemployed but looking for a job.
All Iranians aged over 10, who worked at least one hour a week, or temporary left their work during the survey week, were included as employed labor force in the report.
Iran’s unemployment rate during the summer (June 21-Sept. 21) stood at 12.7 percent, according to the report.
The unemployment rate among Iranians aged over 10 in the mentioned three-month period was 1.8 percent more than the same period of 2015.
The figure also indicates a 0.5-percent increase compared to the preceding quarter's unemployment rate (March 20-June 21, 2016).
Unemployment among men and women was also around 10.4 and 21.8 percent, respectively, during the period.
The country's urban and rural unemployment rate in the mentioned period stood at 14.4 and 7.9 percent, respectively.
About 19.4 percent of the country's labor force was employed in the agriculture sector, while 31.5 and 49.1 percent were employed in the industry and services sectors, respectively.
Iran's West Azerbaijan Province registered the lowest unemployment rate with 7.5 percent in the summer. Meanwhile, the highest unemployment rate was in the Kermanshah Province (20.3 percent).