Turkey’s unemployment continues at double digits

ANKARA

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Turkey’s unemployment rate has remained at double digits in the October 2014 period, amid the decrease in economic growth.

The unemployment rate in October 2014 declined by 0.1 percentage point to 10.4 percent compared to the previous month, according to data released on Jan. 15, 2015. The October 2013 figure was around 9.7 percent.

The non-agricultural unemployment rate rose to 12.5 percent in the period of October 2014, representing the period between September-October-November, against 11.9 percent during the same period of 2013, according to TÜİK data.

“The number of unemployed people aged 15 years and older reached 3.04 million in the period of October 2014 in Turkey. The unemployment rate stands at 10.4 percent,” the TÜİK said in a report on its website.

Youth unemployment including the 15-24 age group realized as 19.7 percent, with the unemployment rate for the 15-64 age group at 10.6 percent.