Iran was already in dire economic shape. Now millions face unemployment because of the war
Official data show 147,000 unemployment insurance applicants in two months, about three times last year, as war damage shuts factories and cuts jobs.
- Official data reveal 147,000 unemployment benefit claims filed in the past 60 days, three times higher than last year, as Iran's Deputy Labor Minister Gholamhossein Mohammadi confirmed the nation has lost at least 1 million direct jobs.
- U.S. and Israeli strikes over five weeks damaged some 20,000 factories—about 20% of Iran's production units—with heaviest damage to steel and petrochemical industries, the country's two largest non-oil exporters, according to Hadi Kahalzadeh of Brandeis University.
- Widespread internet shutdowns crippled freelance work while physical damage forced mass layoffs: Trailer-maker Maral Sanat laid off 1,500 workers due to steel shortages, Borujerd textile firm cut 700 jobs, and designer Asal reported losing all foreign projects.
- Soaring inflation has driven chicken prices up 75% and beef 68% over the past month, while the United Nations Development Programme warns up to 4.1 million more people could fall into poverty due to the conflict.
- Researcher Kahalzadeh at the Quincy Institute warned cumulative effects place 10 million to 12 million jobs at risk—about half Iran's workforce—as firms suspend operations under combined pressure of war, inflation, recession, and collapsing demand.
12 Articles
12 Articles
The ceasefire continues, but the population suffers from the severe economic crisis and the Internet blockade.
War sends Iran’s economy into free fall as 1 million lose jobs, food prices skyrocket
The Iranian leadership is confident that Trump will blink first as Tehran is betting that the economy, which has been trained to survive decades of sanctions, will hold up – and is holding the Strait of Hormuz as a bargaining chip
Iran’s economy was in a dire state before the war. Now millions face job losses and poverty
Asal, a freelance designer in Tehran, used to get projects from abroad all the time. She’s one of millions who have now lost their work as a result of the conflict.
Economic free fall, war pushes Iran to the brink as economy spirals and prices surge - Times Kuwait
War has plunged Iran into a deep economic crisis, with at least one million jobs already lost and millions more at risk since the conflict with the United States and Israel. The country’s key industries have been severely disrupted, while food prices surge at an alarming pace, placing immense pressure on households. Airstrikes over more than five weeks have damaged around 20,000 factories, roughly 20 percent of Iran’s production capacity, has cr…
Iran internet shutdowns cost $31 million a day, official says
Iran internet shutdowns cost $31 million a day, official says Internet disruptions are causing daily losses of up to 50 trillion rials — equivalent to roughly $31 million, Jahangir Aghazadeh, head of the Internet and Data Transfer Commission at Tehran’s ICT Guild Organization said Sunday. Aghazadeh added that about one-fifth of the workforce in digital […] The post Iran internet shutdowns cost $31 million a day, official says first appeared on T…
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