Middle East Economic Survey

VOL. LII

No 17

27-Apr-2009

IRAN

Irans Unemployment Rate Rises To 12.5%

Irans Minister of Labor Mohammad Jahromi announced on 15 April that the unemployment rate released by Irans Statistics Center stands at 12.5% for winter [months]. The centers figures show that the number of people out of work has also grown 0.3% compared to the three months of the fall. According to reports, up to 750,000 people enter the labor market each year in Iran, where more than two-thirds of...