Turkish Unemployment Up to 9.3% in July

In July of 2013, Turkish unemployment rate increased to 9.3 percent from 8.8 percent in the previous month. Compared to the same month of the previous year, the jobless rate is up by 0.9 percent. Employment rate slightly increased from 46.6 percent to 46.9 percent.

In July, the number of unemployed people reached 2.7 million and increased by 363 thousand people compared to the same month last year. Non-agricultural unemployment rate increased by an annual 1.1 percent  and reached 11.8 percent. Youth unemployment rate was realized at 18 percent, 1.7 percentage point higher than a year ago.

The number of employed people increased by 601 thousand over a year earlier and reached 27 million people in July. Agricultural employment decreased by 81 thousand people and non-agricultural employment increased by 682 thousand people. Employment in services increased 0.8 percentage point, industry rose by 0.4 percentage point while that of agriculture decreased by 0.9 percentage point and construction decreased by 0.3 percentage point.

The ratio of people who worked without any social security related to the main job declined to 37.9 percent in July. Compared to the same month last year, the share of people who did not have any social security in agriculture increased from 84.2 percent to 84.3 percent and that in non-agriculture decreased from 24.7 percent to 22.3 percent.

Turkish Unemployment Up to 9.3% in July

Turkish Statistical Institute | Krisztina Györffy | krisztina@tradingeconomics.com
10/11/2013 11:30:05 AM