Iran unemployment rate hits 10.3 in 3Q

Baku, Azerbaijan, Jan. 5 By Rahim Zamanov - Trend: The Statistical Center of Iran reported on January 5 that the country's unemployment rate stood at 10.3 percent in the third quarter of the current calendar year, which started on March 21, the ISNA News Agency reported. The figure shows 0.1 per cent decrease compared to the same period of time previous year. The report put the country's jobless population during the three-month period at over 2.4 million. The country's unemployment rate in urban and rural areas stood at 11.7 and 6.9 per cent, respectively, in the mentioned period. Iranian Presient Hassan Rouhani said in December that job creation is the most significant issue in the future of the country's economy, while the combination of inflation and stagnation is now the most important problem. "Tackling high inflation and unemployment are top priorities of the government," Rouhani said before presenting the Iranian parliament (Majlis) with his government's first budget plan. Follow us on Twitter @TRENDNewsAgency