Turkey's unemployment rate rises to 10.5 percent

Turkey's unemployment rate rises to 10.5 percent

1.2 point year-on-year rise in April, Turkish Statistical Institute says

By Dilara Zengin

ANKARA (AA) - The unemployment rate in Turkey rose 1.2 points to 10.5 percent in April compared to the same month last year, the Turkish Statistical Institute (TurkStat) announced Monday.

The number of jobless aged 15 and over in the country jumped to 3.3 million, a rise of 463,000 on April last year, TurkStat said in a statement.

However, April’s figures showed a 1.2 percentage point drop from the previous month, when unemployment stood at 11.7 percent.

April's employment rate was unchanged from the same period last year at 47.2 percent.

Labor force participation increased by 0.7 percentage point year-on-year to 52.7 percent.

The Turkstat report revealed that the number of women in the workforce rose 0.8 percentage points from the previous year to 33.4 percent.

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