HomeEconomyTürkiye’s unemployment rate ticks up slightly in October

Türkiye’s unemployment rate ticks up slightly in October

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Türkiye’s unemployment price ticked up 0.1 share factors from the earlier month to eight.8% in October, in response to official knowledge launched Tuesday by the Turkish Statistical Institute (TurkStat).

The knowledge confirmed that the variety of unemployed people rose by 61,000 in October to achieve 3.17 million.

The unemployment price was estimated at 6.9% for males and 12.3% for ladies.

The youth unemployment price among the many 15-24 age group decreased by 0.3 share factors from the earlier month to 16.6%.

The nation’s labor power grew by 219,000 in October, reaching 36.15 million. The labor power participation price rose to 54.7%, reflecting a 0.3 share level enhance from September.

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