Türkiye’s unemployment rate dips to 9.5% in May

Türkiye’s unemployment rate dips to 9.5% in May

The unemployment charge in Türkiye edged down 0.5 share factors month-over-month to 9.5% in May, official information confirmed on Monday.

The Turkish Statistical Institute (TurkStat) information additionally confirmed a seasonally adjusted measure of labor under-utilization fell 1.2 share factors to 22.5%.

The labor under-utilization measure has slid after peaking at 29.6% in January 2021 because of the financial fallout from pandemic measures however has risen barely in latest months.

TurkStat information confirmed the labor power participation charge in May dropped to 53.6% from 53.9% a month earlier.

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