Turkish unemployment rises to 10.3% December
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Turkish unemployment rises to 10.3% December
ISTANBUL (Reuters) - Turkiye unemployment rate rose 0.1 percentage point month-on-month to 10.3% in December, while a seasonally adjusted measure of labour under-utilisation rose 0.6 percentage points to 21.4%, data showed on Friday.
The labour under-utilisation measure has been on a falling trend since peaking at 29.6% in January 2021 due to the economic fallout from pandemic measures.
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The Turkish Statistical Institute data showed the labour force participation rate in December rose 0.1 percentage points to 54.1%.
