Iran jobless rate down slightly to 9.2% in year to March: SCI
Iran’s statistics agency says unemployment rate dropped by 0.4% to 9.2% in year to late March.
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Iran’s statistics agency says unemployment rate dropped by 0.4% to 9.2% in year to late March.
Iran’s Supreme Leader has encouraged officials to continue the work of increasing the birth rate, but that is a challenge even in economically prosperous countries.
Iran began the new fiscal year on March 21, 2022 having recorded an estimated GDP growth rate of about 4% over the previous year and 3% for the non-oil sector. The consumer price index (CPI) has grown by 35% year-on-year, according to the Statistical Center of Iran (SCI). While GDP growth could be the result of the stabilization of the economy after several years of recession due to harsh sanctions and economic mismanagement, a steady rate of high inflation is alarming for Iran’s economy.
Iranian workers are facing mounting economic and political challenges to realizing their labor rights.
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