Page 22 - IRANRptFeb22

The "supplier deliveries" sub-index, measuring how fast deliveries are made, moved up from 54.37 in the previous Persian month to 54.51.
The sub-index for “raw material inventories” gauged an improvement to 52.03.
4.3 Labour and income
4.3.1 Labour market, unemployment dynamics
Unemployment rate estimated at 9.8% in 2020
Iran’s parliament agrees pay hike for teachers following countrywide protests and strike
According to the Central Bank of Iran, the country’s unemployment rate stood at 9.6% y/y in the third quarter of 2021, up from 8.8% y/y in the previous quarter. Iran's unemployment rate was estimated to reach 9.8% of the total labor force in 2020. The unemployment rate has been above 10% for the last 10 years, and this rate is estimated to have peaked in 2014 when it reached 14%.
Youth unemployment (covering the 15-29 age range), stands at least twice the general joblessness rate, according to latest available data, while university graduate unemployment is thought to be around 40%. Despite the many times the government has stressed the need to boost employment, overall youth unemployment has risen more than 5% in the past three years.
Iran's parliament has passed legislation to raise teachers’ salaries following several days of countrywide protests and a strike.
A three-day strike by thousands of teachers and educators culminated with hundreds of demonstrators gathering in front of the parliament building in Tehran on December 13 to protest against unfair labour conditions. Police
22 IRAN Country Report February 2022 www.intellinews.com