Local Turkiye

Turkiye’s unemployment at lowest level since November 2012

Unemployment rate 8.5% in October, down 0.5 percentage points from September

The unemployment rate in Türkiye was 8.5% in October, the lowest level since November 2012, the country’s statistical office said on Monday.

The number of unemployed people aged 15 years old and over dropped by 163,000 to 2.96 million year-on-year in November, according to the Turkish Statistical Institute (TurkStat).

The unemployment rate dropped by 0.5 percentage points on a monthly basis.

In November 2012, the rate was 8.4%.

The number of employed persons rose by 246,000 to 31.8 million in October, compared to the previous month.

“The employment rate was 48.5%, increasing by 0.3 percentage points 65.8% for men, 31.6% for women,” it added.

Source: aa

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