Iran Faces Massive Job Losses Amid War with US and Israel
Iran is experiencing a significant wave of job losses linked to its ongoing conflict with the US and Israel.Deputy Work and Social Security Minister Gholamhossein Mohammadi reported that two million people have lost their jobs as a direct or indirect consequence of the war.The redundancies affect a broad range of sectors including manufacturing, retail, import and export businesses, tourism, and the digital industry.Factories have been hit by air strikes, and consumer spending has declined sharply, impacting restaurants and non-grocery retailers.The Iranian government has also imposed an internet blackout since the conflict began, citing security concerns such as preventing surveillance, espionage,... [Continue Reading]
360LiveNews | 21 Apr 2026 20:35 LONDON
