Iran’s net jobs up by 122,100 in December quarter: Report
Iran added a net 122,100 formal jobs in the quarter to December 21, shows 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 Monday report by the semi-official Fars news agency said that Iran’s jobless population had 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.
That comes as the SCI had previously reported that Iran’s annual unemployment rate had 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 by Fars admitted the fact that the pandemic had 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 by Fars said that the government will provide loans and grants to businesses affected by the pandemic and to the startups to meet a target of creating 1.068 million jobs in the year to March 2023.
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