Turkey's unemployment rate realizes as 14 % in August

Turkey's unemployment rate realizes as 14 % in August

Turkey’s unemployment rate realized as 14.0% in August, Turkish Statistical Institute (TurkStat) said on Friday.

"The number of unemployed persons aged 15 years old and over increased by 980 thousand to 4 million 650 thousand persons in the period of August 2019 in Turkey compared with the same period of the previous year," TurkStat said and added: "The unemployment rate occurred as 14.0% with 2.9 percentage point increase. In the same period, non-agricultural unemployment rate occurred as 16.7% with 3.5 percentage point increase. While youth unemployment rate including persons aged 15-24 was 27.4% with 6.6 percentage point increase, the unemployment rate for persons aged 15-64 occurred as 14.3% with 2.9 percentage point increase."Employment rate realized as 46.3%About employment rate, TurkStat said:" The number of employed persons decreased by 789 thousand to 28 million 529 thousand persons in the period of August 2019 compared with the same period of the previous year. The employment rate occurred as 46.3% with 2 percentage point decrease."The number of agricultural employment decreased by 94 thousand persons and the number of non-agricultural employment decreased by 695 thousand persons in this period, TurkStat said.

 

"According to the distribution of employment by sector; 19.6% was employed in agriculture, 19.5% was in industry, 5.5% was employed in construction and 55.4% was employed in services. Employment in agriculture increased by 0.2 percentage point, services increased by 1.4 percentage point while construction decreased by 1.6 percentage point. Industry was realized without any change compared with the same period of the previous year." Labor force participation rate realized as 53.9%İndicating that  the labor force participation rate (LFPR) in Turkey decreased 0.4 percentage , Turkish Statistical Institute (TurkStat) said: "The number of persons in the labor force realized 33 million 180 thousand persons with 191 thousand persons increase in the period of August 2019 compared with the same period of the previous year."

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