Türkiye's unemployment down to 8.5% in October

Number of jobless slightly falls by 27,000 to 3.03M month-on-month

By Mucahithan Avcioglu

ISTANBUL (AA) - Türkiye’s unemployment rate decreased to 8.5% in October, the country’s statistical authority said Friday.

The rate was down from September's 8.6%, according to data by the Turkish Statistical Institute (TurkStat).

The number of unemployed people aged 15 and over was down by 27,000 to 3.03 million in October.

Joblessness stood at 7% among men and 11.3% among women in the same period.

Meanwhile, employment increased, with 185,000 more people working, bringing the total number of employed to 32.77 million.

The overall employment rate was up to 49.2%, including 66.5% for men and 32.4% for women.

The labor force also increased by 157,000 to 35.8 million, with the participation rate at 53.8%.

Youth unemployment—covering those aged 15 to 24—rose 0.2 percentage points from September to 15.6% in October. It was 12.9% for men and 20.6% for women.

In the third quarter of the year, the unemployment rate also stood at 8.5% on average.

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