Turkey Unemployment Rate Edges Up Slightly in January

Turkish jobless rate increased for the third consecutive month in January of 2014 to 10.1 percent, up from 10.0 percent in the previous month, but decreased compared with 10.6 percent recorded a year earlier.

In January of 2014, the number of unemployed persons decreased by 49.000 thousand persons, amounting to 2.841 million persons in Turkey. Compared with a year earlier, non-agricultural unemployment rate decreased 0.6 percentage points to 12.3 percent and youth unemployment rate fell to 19 percent (a 1.7 percentage point decline).

Employment rate increased to 44.9 percent from 44.3 percent a year earlier. The number of employed persons rose by 761 thousand persons to 25.194 million persons. 

In January of 2014, 52.2 percent were employed in services up by 0.8 percentage point from the previous period; 21.4 percent in agriculture (-1.0 percentage point); 19.7 percent in industry (-0.2 percentage point); and 6.7 percent in construction (+0.4 percentage points). 

Labor force participation rate increased to 50 percent, up from 49.5 percent in the same period of the previous year. 

Turkey Unemployment Rate Edges Up Slightly in January

Turkstat | Isabel Felino | isabel.felino@tradingeconomics.com
4/15/2014 10:47:29 AM