Date: 02 February 2022 ، the watch 14:28
News ID: 10556

Iran’s net jobs up by 122,100 in Q3: Report

Iran added a net 122,100 formal jobs in the third quarter of the Iranian calendar year (October 22 December 21, 2021), showed a report in the local media which insists the figure is one of the best on record since the country started to feel the economic impacts of the coronavirus pandemic and the US sanctions more than two years ago.

Iran added a net 122,100 formal jobs in the third quarter of the Iranian calendar year (October 22 December 21, 2021), showed a report in the local media which insists the figure is one of the best on record since the country started to feel the economic impacts of the coronavirus pandemic and the US sanctions more than two years ago.

The report by Fars News Agency said that Iran’s jobless population declined to 2.44 million in December last year from 2.89 million recorded in March 2019.

The report cited figures and tables provided by the Statistical Center of Iran (SCI) and said that the data prove an administrative government that came to office in early August has adopted a correct path in its labor policies, Press TV wrote.

That comes as the SCI has previously reported that Iran’s annual unemployment rate has dropped to its lowest since 1996, mainly because of a reduction in the country’s active population after the spread of the coronavirus.

The report admitted the fact that the pandemic has caused Iran’s active population to shrink but said job growth figures started to return to positive territory only after the current government enforced its policies.

Iranian Labor Ministry officials have indicated they have plans to create over two million jobs within the first two years of the current government’s tenure without clearly saying how they are going to meet the target.

However, the report said that the government will provide loans and grants to businesses affected by the pandemic and to startups, to meet a target of creating 1.068 million jobs in the year to March 2023.

Source: ICCIMA