Turkish Jobless Rate Hits 5-Month High
2025-05-30 07:56
By
Dongting Liu
1 min. read
Turkey's seasonally adjusted unemployment rate rose to 8.6% in April 2025, the highest level since November 2024, accelerating from an upwardly revised 8% in the previous month.
The number of unemployed individuals surged by 203,000 to 3.063 million, marking a five-month high.
Meanwhile, employment declined by 316,000 to 32.359 million, pushing the employment rate down to 48.8% from a revised 49.3% in the previous month.
The employment rate for men stood at 65.8%, while for women it was significantly lower at 32.2%.
Additionally, the labor force participation rate edged down to 53.4% from a revised 53.6%.
On the other hand, the youth unemployment rate climbed to a four-month high of 15.7% from a revised 15.3% in March.