Turkey Jobless Rate at 6-Month Low

Turkish unemployment rate decreased to 10.6 percent in March of 2015 from 11.2 percent in the previous month. It is the lowest figure since October 2014, as the number of unemployed persons fell while employment rose.

The number of unemployed persons declined to 3.069 million in March from 3.226 million in February. The non-farm unemployment rate eased to 12.6 from 13.2 percent in the previous month.

Youth unemployment stood at 18.6 percent, slowing from 20.0 percent in February.

There were 25.953 million employed persons, up from 25.576 million persons from February, bringing the employment rate to 45.0 percent in March from 44.4 percent in a month earlier.

The labor force participation rate increased to 50.4 percent, following a 50.1 percent rise in the previous month. 

Turkey Jobless Rate at 6-Month Low

Turkstat l Rida Husna l rida@tradingeconomics.com
6/15/2015 9:44:31 AM