Unemployment rate in Turkey at 11.5% in September

Unemployment rate in Turkey at 11.5% in September

The rate of unemployment in Turkey was 11.5% in September, marking a 0.3 percentage point decrease from August, according to the latest data released on Wednesday.

The number of unemployed people aged 15 and over fell by 70,000 to nearly 3.8 million, the Turkish Statistical Institute (TurkStat) said in a statement.

The labor force participation rate stood at 51.7% with a 0.5 percentage point increase.

The number of employed people in Turkey increased by 426,000 to over 29.2 million, placing the employment rate at 45.8% with a 0.6 percentage point increase.

“The youth unemployment rate in the 15-24 age group was 21.5% with 0.9 percentage point decrease compared to the previous month,” read the statement.

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