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FinancialNews


  • 10-02-22

    Turkish unemployment rate hits 11.2 percent in last month of 2021

    (MENAFN) According to the Turkish Statistical Institute (TurkStat) statement on Thursday, unemployment in the country hit 11.2 percent in the last month of 2021.

    Based on TurkStat statement, the reading dropped by 0.1 percentage point from November's revised data. The figure of unemployed age 15 and above jmuped by 2,000 on a monthly basis in the last month of 2021 to 3.8 million.

    Throughout the corresponding time span, employment surged 0.3 percentage point to 47 percent, or 30.1 million individuals. The labor force participation rate amounted at 52.9 percent in the month, an increase of 0.3 percentage point from November 2021.

    Around 33.9 million individuals form the labor force in the mentioned month, increasing by 238,000 people from the last month.

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