Turkish Jobless Rate Rises to 11.6% in October


The Turkish unemployment rate increased to 11.6 percent in October 2018 from 10.3 percent in the same month of the previous year.

The number of unemployed rose 501 thousand from a year earlier to 3.79 million in October, and employment went up 225 thousand to 28.87 million. The non-farm sector added 414 thousand jobs, namely in the industry and services sectors while the number of construction workers declined, and the farm sector lost 187 thousand jobs. Meanwhile, the number of people detached from the labour force decreased 34 thousand to 28.18 million. The participation rate increased to 53.7 percent in October from 53.1 percent a year ago, and the employment rate edged down to 47.5 percent from 47.6 percent.
 
The non-agricultural jobless rate went up to 13.6 percent in October from 12.3 percent in the previous year.
 
Youth unemployment rate, measuring job-seekers between 15 and 24 years old, also rose to 22.3 percent from 19.3 percent in the same month a year ago.
 
On a seasonally adjusted basis, the unemployment rate inched up to 11.5 percent in October from 11.3 percent in September.
 



 
 

Turkish Jobless Rate Rises to 11.6% in October


Turkish Statistical Institute | Chusnul Ch Manan | chusnul@tradingeconomics.com
1/15/2019 11:37:47 AM