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Wednesday 23rd, July 2008 -- 23:38 GMT
Over 25% of young Iranians unemployed
Posted: 13-05-2008 , 06:58 GMT

AhmadinejadMore than a quarter of young Iranians are unemployed, the head of Iran's Statistics Centre was quoted as saying on Monday but a reformist MP said the figures might be higher. "Some 25.6 percent of Iranian youths aged 15 to 24 are employed," Mohammad Madad told the Mehr news agency. "This figure is 28.9 percent in urban areas and 19.4 percent in rural areas."

 

According to Madad, the overall jobless rate for the entire active population in Iran was 11.9 percent. Half of Iran's 70 million population is under 30 and the legal working age is 15.

 

The figures given by Madad were higher than those given by Iran's Labour Minister Mohammad Jahromi, who said that unemployment had stood at 9.8 percent in December 2007.

 

On his part, reformist member of parliament Ali Reza Mahjoub said the real rate of unemployment was higher than the official figures suggested. "The (officially announced) unemployment rate is one digit only on paper and it has not been achieved," Mahjoub told the Fars news agency. "Those who know enough about the current situation are aware that unemployment is at its most serious levels," said Mahjoub. "I think the real rate of unemployment cannot be less than 16 percent," he added.

 

Mahjoub also questioned whether the economic policies of President Mahmoud Ahmadinejad could succeed in creating enough new jobs to absorb the growing number of unemployed. "Under the current conditions, no matter how much money the government gives away, it is impossible to create more than 450,000 to 500,000 jobs in a year," he said.

 

Critics complain that Ahmadinejad's economic steps have stoked inflation which topped 24 percent last month, according to central bank figures.

 

© 2008 Mena Report (www.menareport.com)

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