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ECONOMY

Türkiye’s unemployment rate at 8.4% in September

İSTANBUL

Türkiye’s seasonally adjusted unemployment rate rose by 0.5 percentage points from the previous month to 8.4% in September, official data showed on Tuesday.

The number of unemployed people, aged 15 and over, increased by 198,000 month-on-month to 2.97 million in September, according to the Turkish Statistical Institute.

The jobless rate stood at 6.9% for men and 11.3% for women, the data revealed.

Youth unemployment in the 15-24 age group jumped 1.6 percentage points compared to August to reach 14.8%.

The youth jobless rate was estimated at 10.4% for men and 23.3% for women.

The number of employed people fell by 49,000 to 32.45 million in September.

The employment rate slipped 0.1 percentage points from the previous month to 48.3%, standing at 65.8% for men and 31.2% for women.

Türkiye’s labor force expanded by 149,000 people to reach 35.41 million.

The labor force participation rate edged up 0.1 percentage points to 52.7%, recorded at 70.7% for men and 35.2% for women.

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