Turkish Jobless Rate Rises To 12.7% In December


The unemployment rate in Turkey increased to 12.7 percent in December of 2016, up from 10.8 percent a year earlier. It was the highest jobless rate since March 2010 as non-farm unemployment rose to 14.9 percent (2.2 percentage point increase) and the jobless rate among those aged 15 to 24 went up by 4.8 percentage points to 24 percent.

The number of unemployed persons went up by 668 thousand to 3,872 thousand while employment increased by 221 thousand to 26,669 thousand
 
The non-agricultural sector added 307 thousand jobs while the farm sector lost 88 thousand: employment decreased in agriculture (by 0.6 percentage point), industry (by 0.5 percentage point), and construction (by 0.2 percent) but rose in services (by 1 percentage point).
 
According to the distribution of employment by sector; 18.4 percent was employed in agriculture, 19.7 percent in industry, 6.9 percent  in construction, and 54.9 percent was in services.
 
In addition, the number of people in the labour force rose by 888 thousand to 30,540 thousand and those detached from the labour force decreased by 36 thousand to 28,606 thousand. The participation rate rose 0.7 percentage points from a year earlier to 51.6 percent.
 
On a seasonally adjusted basis, unemployment went up by 49 thousand persons and reached 3 .717 million while employment increased by 36 thousand and reached 27.301 millionpersons in December compared with the previous month.
 
 

Turkish Jobless Rate Rises To 12.7% In December


Turkstat | Chusnul Ch Manan | chusnul@tradingeconomics.com
3/15/2017 2:59:22 PM