Financial Tribune - The services sector employed 50.3% of the Iranian employed population last year, whereas industrial and agricultural sectors provided 32% and 17.7% of jobs, respectively

Iran’s unemployment rate stood at 10.7% in the last Iranian year (March 2019-20), indicating a 1.5% decline compared with the year before, the latest report by the Statistical Center of Iran shows.

Labor force participation rate—the proportion of the population of ages 15 and above that is either employed or looking for a job—stood at 44.1%, registering a 0.4% decrease year-on-year.

Employment is defined as persons of working age engaged in any activity to produce goods or provide services for pay or profit, whether at work during the reference period or not at work due to a temporary absence from a job, or to working-time arrangement.

Last year’s total employed population was over 24.27 million, nearly 430,000 more than the year before.