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The Unemployment Rate in Iran is 27%
From Radio Free Europe / Radio Liberty
National Youth Organization head Rahim Ebadi told Sharq of 14 October that, "currently, the unemployment rate has reached 27 percent." He went on to say that the government is trying to reduce the unemployment rate to 15 percent and added that half of his organization's assets go toward creating work opportunities for young people. The World Bank's Country Brief on Iran states, "The rate of unemployment dropped in 2004 for the second year in a row, reaching 11.2 percent (from 14.7 percent in 2002)." Approximately 700,000 jobs must be created annually to account for new entrants in the work force, according to the World Bank, but only about 500,000 have been created.
Posted by: Mike Sylwester 2004-10-17
http://www.rantburg.com/poparticle.php?ID=46188