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Turkish unemployment rate decreases slightly in July

by John Pierce
July 3, 2023
in Business
1 min read
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Turkish seasonally adjusted The unemployment rate decreased by 0.3 points to 10.1% in July, according to official data Monday.

the number of Unemployed people between the ages of 15 and over decreased by 113,000 in Turkish Statistical Institute (TurkStat) data showed that the month of July compared to the previous month became 3.4 million.

While unemployment rate was 8.6% for menestimated at 13.1% for women.

the number of people Works in The same period decreased by 148 thousand compared to the previous month and became 30.6 million while employment rate decreased by 0.3% points to 47.3%. while this rate was 64.6% for menwas 30.3% for women.

Meanwhile, seasonally adjusted the work force to share rate It was 52.6%. In July, the workforce decreased by 262,000 people Compared to the previous month, it became 34.52 million, while employment force to share rate decreased by 0.5 percent points to 52.6%. the work force to share rate was 70.7% for men and 34.9% for women.

The unemployment rate between the young population Covering the age of 15-24 group became 19.1% with 0.8 percentage point decrease compared to the previous month. The unemployment rate in This era group estimated at 16.2% for men and 24.7% for women.

The rate of idle work forcewhich consists of Underemployment related to time and potential employment force The unemployed rate is 2.0 points compared to the previous month and became 22.5% in July. while combined rate of The rate of underemployment and the unemployed was 15.1% combined rate of Potential employment and the unemployed was estimated at 18%.

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