Türkiye’s unemployment price has continued to say no within the third quarter of 2023 and was down by 0.5 share factors in comparison with 1 / 4 earlier, the official information shared by the nation’s statistical authority confirmed Friday.
The price declined to 9.2% within the third quarter, Turkish Statistical Institute (TurkStat) stated.
The determine was down from 10% measured in the identical quarter final yr, the TurkStat information confirmed.
The variety of seasonally adjusted unemployed individuals aged 15 years previous and over decreased by 161,000 to three.2 million in July-September in comparison with the earlier quarter.
The unemployment price was estimated at 7.5% for males and 12.5% for girls. The seasonally adjusted employment price, however, got here in at 48.4% or 31.7 million folks within the three months to September, the info confirmed.
Türkiye’s labor pressure participation price skilled a marginal lower of 0.1 share factors, falling to 53.4% within the third quarter of this yr, based on the info.
In the identical interval, the youth unemployment price for the 15-24 age group stood at 17.1%, a decline of 0.7 share factors from the prior quarter.
Last week’s TurkStat’s month-to-month report on unemployment information revealed the speed in September declined for the sixth consecutive month, reaching its lowest degree since 2014.
Source: www.dailysabah.com
