Tag Archives | unemployment

Why Growth has not led to Job Creation in Iran

By Navid Kalhor for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Why economic growth has not led to job creation in Iran Last fall, the World Bank forecast that Iran’s economy will grow by merely 4% and 3.4% in 2018 and 2019, respectively. These rates […]

Will Rouhani be able to weather jobs crisis?

By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Reza holds a degree in management but has since his graduation in 2011 failed to find a steady job. The 31-year-old, who lives in Tehran, has been driving the family’s car as an unlicensed cab […]

Cabinet Aiming for +700,000 New Jobs This Year

Iran’s President Hassan Rouhani said his administration has formulated plans to create jobs for more than 700,000 young people in the current Iranian year, which began two weeks ago. In a Monday meeting with a group of officials and government staff, President Rouhani said the job creation target will come true by carrying out national […]

Why Iran is Finding it Hard to Create Jobs

By John Lee. A report this morning from The Economist says that although Iran’s GDP is set to grow about 4.5 percent this year, up from 0.4 percent in 2015, unemployment has increased from 10.7 percent to 12.2 percent. Increased oil exports have been achieved largely by soaking up existing capacity, while the resulting influx […]

Fed up with Talk, Iranians semand Action on jobs

By Maysam Bizær, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. When he took office in August 2013, Iranian President Hassan Rouhani faced an ailing economy, high unemployment and a nuclear standoff with the West. The Rouhani administration has managed to resolve the nuclear issue, […]

Iran’s President: Cabinet Shamed by Unemployment

Iranian President Hassan Rouhani said his administration feels ashamed to see the Iranian graduates have no job. It’s a shame for the administration that the Iranian educated youth are unemployed, the president said on Tuesday evening, at a meeting between Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei and senior Iranian officials in Tehran. […]

“Prospects for 2016/17 are Brighter”, IMF

An International Monetary Fund (IMF) team has reported that comprehensive economic reforms will be needed in Iran if it is to benefit from the nuclear deal it struck with six world powers in July. It said real GDP growth is projected to decline from 3 percent in 2014/15 to somewhere between 0.5 to -0.5 percent in […]