Turkey's unemployment rate at 11.2% in October

Youth unemployment rate in 15-24 age group drops to 20.1%, official data shows

By Aysu Bicer

ANKARA (AA) – The rate of unemployment in Turkey was 11.2% in October, marking a 0.2 percentage point decrease from September, the latest official data revealed on Friday.

The number of unemployed people aged 15 and over fell by 75,000 to nearly 3.7 million, according to the Turkish Statistical Institute (TurkStat).

The labor force participation rate stood at 52% with a 0.1 percentage point increase.

The number of employed people in Turkey increased by 180,000 to over 29.6 million, placing the employment rate at 46.2% with a 0.2 percentage point increase.

"The youth unemployment rate in the 15-24 age group was 20.1% with a 0.8 percentage point decrease compared to the previous month," TurkStat said.

Kaynak:

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