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Business Leader: Iran Lost 50,000 Jobs in Three Months

A prominent Iranian business leader said his country has lost tens of thousands of private sector jobs in recent months, the latest sign of a worsening Iranian economy as the U.S. re-imposes tough sanctions. In a Thursday report, state news agency ISNA quoted the deputy head of the Iran Chamber of Commerce, Industries, Mines and Agriculture as saying 50,000 jobs were lost from March to May. The three-month period referenced by Hossein Salavarzi represents the first quarter of the Persian...

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