Iran’s Q3 employment rate reaches 39.6%

Financial Tribune – The employment rate in the third quarter of the current Iranian year (Sept. 23-Dec. 21, 2019) was at 39.6% (24.44 million), up 0.4% compared with the same quarter of last year, the Statistical Center of Iran’s latest report on Iran’s job market shows.

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.

In other words, employment rates are defined as a measure of the extent to which available labor resources (people available to work) are being used. They are calculated as the ratio of the employed to the working age population.