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TURKSTAT announced January 2022 figures: The unemployment rate was 11.4%

The Turkish Statistical Institute (TUIK) announced the unemployment figures. According to the results of the Household Labor Force Survey, the number of unemployed persons aged 15 and over increased by 21 thousand in January 2022 compared to the previous month and reached 3 million 859 thousand persons. Unemployment rate remained unchanged at 11.4%. While the unemployment rate for men was 10.3%, it was estimated to be 13.6% for women.

Turkish Statistical Institute (TUIK) announced the unemployment figures for January 2022. Accordingly, in January 2022, an increase of 21 thousand people compared to the previous month became 3 million 859 thousand people. The unemployment rate remained unchanged at 11.4%.

SEASONAL ADJUSTED UNEMPLOYMENT RATE REALIZED AT 11.4%

According to the results of the Household Labor Force Survey, the number of unemployed persons aged 15 and over increased by 21 thousand in January 2022 compared to the previous month and reached 3 million 859 thousand. The unemployment rate remained unchanged at 11.4%. While the unemployment rate for men was 10.3%, it was estimated to be 13.6% for women.

SEASONAL ADJUSTED EMPLOYMENT RATE IS 46.5%

The number of people employed decreased by 43 thousand in January 2022 compared to the previous month and became 29 million 910 thousand people, while the employment rate decreased by 0.2 points to 46.5%. While this rate was 63.8% for men, it was 29.7% for women.

SEASONAL ADJUSTED LABOR PARTICIPATION RATE IS 52.6%

In January 2022, the workforce decreased by 22 thousand people compared to the previous month and became 33 million 769 thousand people, while the labor force participation rate decreased by 0.1 percentage points to 52.6%. The labor force participation rate was 71.1% for men and 34.4% for women.

THE SEASONAL ADJUSTED UNEMPLOYMENT RATE IN THE YOUTH POPULATION IS 21.6%

The unemployment rate among the young population covering the 15-24 age group remained unchanged compared to the previous month and became 21.6%. The unemployment rate in this age group was estimated at 18.4% for men and 27.6% for women.

WEEKLY AVERAGE ACTUAL WORKING TIME IS 45.3 HOURS ADJUSTED FOR SEASONAL AND CALENDAR EFFECTS

The average weekly actual working hours, adjusted for seasonal and calendar effects, of those employed during the reference period, increased by 0.2 hours compared to the previous month and amounted to 45.3 hours in January 2022.

SEASONAL ADJUSTED IDLE LABOR RATE IS 22.9%

The rate of idle labor force, which consists of time-related underemployment, potential labor force and unemployed, increased by 0.1 percentage points compared to the previous month and became 22.9% in January 2022. While the combined rate of time-related underemployment and the unemployed was 15.7%, the combined rate of potential workforce and unemployed was estimated as 19.0%.

Source: Sabah / Translated by Irem Yildiz

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