Turkish Jobless Rate Rises to 13%

Turkey’s unemployment rate rose to 13.0 percent in the March-May 2019 period from 9.6 percent in the same period of the previous year. Although, it was the lowest jobless rate since the October-December period of 2018.
Turkish Statistical Institute | Rafael Gonzalez | rafael.gonzalez@tradingeconomics.com 7/16/2019 8:45:00 AM
The number of unemployed people rose by 1.116 million from a year ago to 4.202 million while employment dropped by 810 thousand to 28.199 million. 

The non-farm sector lost 481 thousand jobs and the farm sector lost 329 thousand. Meantime, the number of people detached from the labour force advanced by 306 thousand to 31.401 million. The labour force participation rate fell to 52.9 from 53 while the employment rate decreased to 46 percent from 47.9 percent.

The non-agricultural jobless rate increased to 15.0 percent in the March-May period from 11.4 percent in the corresponding period of 2018. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, jumped to 23.2 percent from 16.9 percent a year earlier.

On a seasonally adjusted basis, the jobless rate edged up to 13.8 percent in April from 13.7 percent in March.

Turkish Jobless Rate Rises to 13%