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ECONOMY

Türkiye’s unemployment down in December

ISTANBUL

The unemployment rate in Türkiye decreased to 8.8% in December 2023, from 8.9% in November, the Turkish Statistical Institute (TurkStat) said on Friday.

The number of unemployed persons – aged 15 and over – went down by 12,000 to 3.1 million, TurkStat said. The breakdown was 7.1% for men and 12% for women.

The number of employed persons, meanwhile, increased by 399,000 to reach 32.05 million.

The employment rate was 48.8% with a 0.6% increase; 66.1% for men and 31.9% for women.

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