Turkey’s unemployment rate stood at 10.7 percent in July
ANKARA
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Turkey’s unemployment rate remained at 10.7 percent in the June-August period compared with the same month last year, the Turkish Statistical Institute (TÜİK) announced on Oct. 16.
The unemployment rate was, however, up from 10.2 percent a month earlier.
The non-agricultural unemployment rate stood at 13 percent on average in July, which covered the June-August period, data showed, up from 12.2 percent a month earlier and unchanged from 13 percent a year earlier.
The seasonally-adjusted unemployment rate was 11.2 percent in July with a 0.1 percentage point increase, compared to the same period of 2016.
In a statement, TÜİK said the number of jobless aged 15 and above in the country rose to 3.44 million, a rise of 119,000 from July last year.
Increase in youth unemployment
It also noted that youth unemployment rate, including people aged 15-24, reached 21.1 percent with a 1.3-percentage point increase.
The employment rate rose 1 percentage point to 48 percent - almost 28.8 million people - from the same period last year.
The seasonally adjusted employment rate occurred as 46.9 percent in July with 0.1 percentage point increase from the same period of 2016.
July’s labor force participation increased one percentage point year-on-year to 53.7 percent.
The number of people in the labor force reached 32.2 million with an almost 1.3 million increase in the period of July 2017 compared with the same period of the previous year, according to TÜİK data.
While the male labor force participation rate was 73.5 percent with 0.7 percentage point increase, the rate for females was 34.3 percent with a 1.3 percentage point increase compared with the same period of the previous year.