TurkiyeBusiness

Turkiye’s Unemployment Rate Falls to 8.4% in May Amid Labor Market Improvements

The unemployment rate in Türkiye dropped to 8.4% in May, down 0.2 percentage points from April, official data showed on Monday.

The number of unemployed persons aged 15 years and over decreased by 69,000 to 2.97 million month-over-month, the Turkish Statistical Institute (TurkStat) said.

The unemployment was estimated at 6.5% for men and 11.9% for women.

Youth unemployment rate, meanwhile,was 15.4% last month.

The number of employed persons in the country was 32.5 million in May.

Source: dailysabah

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