Young Journalists Club | Latest news of Iran and world

News ID: 3341
Iran » Iran
Publish Date: 13:45 - 29 January 2014
Tehran, YJC. President’s economic consultant says years ahead are to bring a huge wave of jobless people.

Asserting that unemployment is the country’s biggest economic problem, President Rouhani's economic consultant said that the years to come will bring forth a gigantic number of unemployed people.

Maintaining that those born in the 80s reached the legal working age in the late 2000s, Masoud Nili said "In the years to come we will have a deluge of educated forces with no job flood the market.”

Pointing out that a minimum 6 percent economic growth is necessary for the country in the future years, he added "The growth must definitely be job creating and constant. The biggest obstacle against such a state is that we are right now at the opposite point, that is, we are experiencing stagflation.”

Nili further said "The investment growth in the past year has been minus 21 percent. The number is minus 40 percent for the industrial section.”

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