Turkey’s unemployment rate fell to 13.2 percent in May as more people exited the labour force and non-farm unemployment declined, official data showed.
Seasonally adjusted unemployment dropped from 13.8 percent in April, the Turkish Statistical Institute said on Monday. The rate stood at 13.5 percent in May last year.
The labour force shrank by 481,000 to 32.1 million in May compared with April as more people were defined as not seeking work. The labour force participation rate decreased to 50.5 percent of the working age population from 51.3 percent in April, led by a 1.3 percentage point drop in the participation rate for women.
The number of people employed fell by 216,000 to 27.8 million, or 43.8 percent of the working age population.
Turkey has barred businesses from dismissing staff since the outbreak of the coronavirus pandemic. Instead, employees have been placed on unpaid leave or short working weeks.
The monthly decline in the unemployment rate was led by a 1 percentage point drop in non-farm unemployment to 15.1 percent.
The jobless rate among Turkish youth fell by two percentage points to 24 percent, the institute said.