Turkey: Unemployment stands at 14.7% in February

Turkey: Unemployment stands at 14.7% in February

Unemployed aged 15 and over climbs 1.37 million year-on-year to 4.73 million in February

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's unemployment rate stood at 14.7% in February this year, the country's statistical authority announced Wednesday.

TurkStat said the unemployment rate rose by 4.1 percentage points on a yearly basis.

The number of unemployed aged 15 years and older increased by 1.37 million year-on-year to 4.73 million in February.

"In the same period, [the] non-agricultural unemployment rate occurred as 16.9%," TurkStat said, reporting an increase of 4.4 percentage points.

"While youth [the] unemployment rate including persons aged 15-24 was 26.1% with [a] 7.1 percentage point increase, the unemployment rate for persons aged 15-64 occurred as 15.0% with [a] 4.1 percentage point increase," it added.

In January, the country's unemployment rate was also 14.7% with 4.67 million unemployed persons aged 15 years and above, marking a 3.9 percentage point annual rise.

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