HomeEconomyTürkiye's unemployment rate inches up to 9% in November

Türkiye’s unemployment rate inches up to 9% in November

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The unemployment fee in Türkiye edged up barely to 9% in November, the nation’s statistical authority introduced on Wednesday.

The determine was up by 0.4 proportion factors in comparison with the earlier month, in accordance with the Turkish Statistical Institute (TurkStat).

The variety of unemployed folks – aged 15 years previous and over – rose by 115,000 to three.1 million month-over-month in November, as per TurkStat.

The unemployment fee was estimated at 7.5% for males and 11.8% for girls, in accordance with the information.

The variety of employed folks dropped by 236,000 to 31.6 million in November in comparison with the earlier month. The employment fee decreased by 0.4 proportion factors to 48.2%, it added.

Labor power participation fee realized at 52.9%, lowering by 0.2 proportion level.

The youth jobless fee for these aged between 15 and 24 years superior 0.3 proportion factors to 16.5%.

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