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09/11/14

IMF sees jobless rate rising in Iran

Source: Tehran Times

The International Monetary Fund (IMF) has predicted that the unemployment rate in Iran will rise to 14.65 in 2015, the Tasnim News Agency reported on Sunday. IMF said Iran's unemployment rate stood at 12.93 percent in 2013, while the figure is forecast to reach 14.01 percent in 2014.


Iranian provinces' unemployment rate as of Spring 2011
See high resolution

Last year, Iran had the 21st highest unemployment rate in the world and is predicted to have the 16th highest unemployment rate this year, according to IMF.

On May 19, Iranian Deputy Labor Minister Abul-Hassan Firouz-Abadi said about 200,000 Iranians are currently receiving unemployment benefits.

He said Iran's average unemployment rate stands at 10.5 percent, but the figure is two to three times higher for women and university graduates.

On April 20, Iranian First Vice President Es'haq Jahangiri said that Iran's unemployment rate had reached a critical level.

He cited unemployment as the main challenge facing the current administration, adding that the problem can only be resolved through boosting the economy and attracting more investment.

... Payvand News - 09/11/14 ... --



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