Turkish unemployment rate drops to 10.5 in April period

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Turkey’s unemployment rate dropped to 10.5 percent in the April period from 11.7 percent, official data showed on July 17.

The non-agricultural unemployment rate was 12.4 percent with 1.4 point increase, according to data from the Turkish Statistics Institute (TÜİK).

The youth unemployment rate including persons aged 15-24 was 19.8 percent with 3.8 point increase in the April period.

The number of unemployed persons aged 15 years old and over increased by 463,000 to 3.28 million in the period of April 2017 in Turkey compared with the same period of 2016.

The number of seasonally adjusted unemployed persons decreased by 60,000 to 3. 55 million persons in the period of April 2017 compared with the previous period, according to TÜİK data.

The seasonally-adjusted unemployment rate was 11.3 percent with 0.2 percentage point decrease.

The number of employed persons rose by 519,000 to 28.1 million in the period of April 2017 compared with the same period of the previous year.

The employment rate occurred unchanged as 47.2 percent, TÜİK data showed.

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