Iran aims to advance employment by bringing younger workers into a modernizing petrochemical sector, members of the Iranian parliament said. A profile from the World Bank described the unemployment rate under sanctions as “stubbornly high.” With sanctions pressures mounting ahead of last year’s multilateral nuclear agreement, Iran’s unemployment rate in 2014 was 11.4 percent. For women, the rate was higher at 20.3 percent. For workers under the age of 29 , for men the rate was 17.9 percent and 39 percent for women. “Underemployment is largely concentrated among the youth population,” the World Bank said. Iran’s Ministry of Labor and Social Welfare presented plans to members of the Iranian parliament, known as the Majlis, to create 1 […]