HomeEconomyTürkiye's unemployment rate falls to 7.9% in March

Türkiye’s unemployment rate falls to 7.9% in March

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The unemployment fee in Türkiye decreased by 0.3 share factors to 7.9% in March, in comparison with the earlier month, in line with official knowledge on Tuesday.

The variety of unemployed individuals aged 15 years outdated and over decreased by 65,000 to 2.8 million in March, knowledge from the Turkish Statistical Institute (TurkStat) revealed.

The fee was estimated at 6.5% for males and 10.6% for girls, the TurkStat stated.

The variety of employed individuals elevated by 391,000 to just about 32.6 million month-on-month, the info confirmed.

Seasonally adjusted labor power participation was realized at 53.4%, up by 0.4 share factors.

The youth unemployment fee – within the 15-24 age group – got here in at 15.1%, edging up by 0.1 share level in comparison with the earlier month.

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