Turkish Jobless Rate Falls to 10.6% in August


Turkish jobless rate fell to 10.6 percent in August 2017, from 11.3 percent in the same month of the previous year.The number of unemployed persons declined by 89 thousand to 3.404 million in August.

The non-agricultural jobless rate edged down to 12.8 percent from 13.7 percent, while the  youth unemployment rate rose to 20.6 percent from 19.9 percent in August 2016.
 
Employment increased by 1.355 million to 28.828 million in August, as the non-agricultural sector added 1.163 thousand jobs and the farm sector added 193 thousand jobs. Employment increased in construction (0.5 percentage points) but fell in industry (-0.2 percentage points) and agriculture (-0.3 percentage points) while services were unchanged. The overall employment rate rose to 48 percent from  46.7 percent in August 2016.
 
The labour force went up by 1.266 million to 32.233 million, bringing the participation rate to 53.7 percent from 52.6 percent a year ago, while those detached from it declined by 99 thousand to 27.769 million.
 
On a seasonally adjusted basis, the unemployment rate edged down to 10.8 percent from 11.1 percent in the previous month.
 

Turkish Jobless Rate Falls to 10.6% in August


Turkish Statistical Institute l Chusnul Ch Manan | chusnul@tradingeconomics.com
11/15/2017 8:38:20 AM