Unemployment rate at 14.1% in March

Unemployment rate at 14.1% in March

ANKARA- Anadolu Agency
Unemployment rate at 14.1% in March

Turkey's unemployment rate stood at 14.1% in March this year, the country's statistical authority announced on June 17.           

The unemployment rate rose by four percentage points year-on-year, TÜİK said.         

On a yearly basis, the number of unemployed people aged 15 and older surged 1.33 million to 4.54 million as of March.         

"In the same period, [the] non-agricultural unemployment rate occurred as 16.1% with [a] 4.2 percentage point increase.         

"While [the] youth unemployment rate including persons aged 15-24 was 25.2% with [a] 7.5 percentage point increase, the unemployment rate for persons aged 15-64 occurred as 14.3% with [a] 4 percentage point increase," TÜİK said.         

In February, the country's unemployment rate was 14.7% with 4.73 million unemployed people aged 15 and above, marking a 4.1 percentage point annual rise.     

tüik, Turkish economy, unemployment rate