Unemployment rate fell to 7.6% last year, down from 8.1%
Head of Iran’s Statistical Center announced the country’s overall unemployment rate for the past Iranian calendar year (1403) – began on March 20, 2024 – as 7.6%, while youth unemployment (ages 15–24) stood at 20.1%. This marks a decline from the previous year’s (1402) general unemployment rate of 8.1%.
Speaking at the first meeting of the government’s Supreme Employment Council in the new year, chaired by President Masoud Pezeshkian, Gholamreza Goudarzi stated, “The economic participation rate for the population aged 15 and older in 1403 was 41%. The government must implement a specialized program in this regard.”
He added, “The unemployment rate for young people aged 15 to 24 is significantly higher, reaching 20.1%.”
During the 86th session of the Supreme Employment Council, participants emphasized the need for “special support for rural employment and prioritization of loans for entrepreneurs working in villages.”