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ECONOMY

Türkiye’s unemployment rate down to 10.1% in July

ISTANBUL 

The unemployment rate in Türkiye fell to 10.1% in July month-on-month, fresh data from the country’s statistical office showed on Monday.

In July versus June, the number of unemployed people age 15 and over dropped by 113,000 to nearly 3.44 million, according to the Turkish Statistical Institute (TurkStat).

The number of employed people in Türkiye dropped by 148,000 to over 30.6 million, placing the employment rate at 47.3% with a 0.3 percentage point decrease over the same period.

“The youth unemployment rate in the 15-24 age group was 19.1% with 0.8 percentage point decrease compared to the previous month,” TurkStat said.

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