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Türkiye’s unemployment rate unchanged at 10% in March

Türkiye’s unemployment rate unchanged at 10% in March

The unemployment charge in Türkiye remained unchanged from a month earlier and stood at 10% in March, official knowledge confirmed Wednesday.

The Turkish Statistical Institute (TurkStat) mentioned a seasonally adjusted measure of labor underutilization fell 1.6 share factors to 21.8%.

The variety of folks unemployed elevated by 4,000 from a month in the past to three.5 million as of March, the info confirmed.

The unemployment charge was 8.1% for males and 13.8% for girls.

The survey was not performed in 4 provinces hit by the devastating earthquakes in February, the statistical institute mentioned, including they account for 4.4% of the households sampled.

The youth unemployment charge – age between 15 and 24 – was 20.7% throughout the identical interval, an increase of 0.8 share factors. This was 15.2% for males and 28.9% for girls.

The labor underutilization measure has slid after peaking at 29.6% in January 2021 due to the financial fallout from pandemic measures however had began selecting up once more in latest months.

TurkStat knowledge confirmed the labor power participation charge in March was unchanged from a month earlier at 53.6%.

As of March, the employment charge was 48.2%, or 37 million folks, the TurkStat mentioned.

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