Home Economy Türkiye’s unemployment rate falls for 6th straight month

Türkiye’s unemployment rate falls for 6th straight month

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Türkiye’s unemployment rate falls for 6th straight month

Türkiye’s unemployment price in September fell for the sixth straight month to 9.1%, reaching its lowest stage since 2014, in keeping with knowledge launched on Friday.

The determine was down from 9.2% in August and 10.1% in September 2022, the Turkish Statistical Institute (TurkStat) knowledge confirmed.

The variety of jobless dropped 46,000 from the prior month to three.17 million as of September.

The labor drive participation price got here in at 53.2% in September. The employment price was 48.3%, or 31.69 million folks, as of this September.

The youth unemployment price – age 15-24 – was 16.7% in September, a drop of 0.2 proportion factors from August. The price was 13.8% for males and 22% for ladies.

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