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Turkey's unemployment rate at 11.4 percent in September

by Daily Sabah with AA

ISTANBUL Dec 17, 2018 - 12:00 am GMT+3
A woman works in a cooking pot factory in Turkey's Erzincan. (AA Photo)
A woman works in a cooking pot factory in Turkey's Erzincan. (AA Photo)
by Daily Sabah with AA Dec 17, 2018 12:00 am

The unemployment rate in Turkey stood at 11.4 percent in September, the Turkish Statistical Institute (TurkStat) announced Monday.

TurkStat said the figure was up 0.8 percentage points from September 2017.

The number of jobless aged 15 and over in the country rose to 3.75 million, an annual rise of 330,000.

Unemployment was 11.1 percent in August.

Turkstat revealed that the youth unemployment rate, including persons aged 15-24, reached 21.6 percent with a 1.6 percentage point increase during the same period.

The youth unemployment rate of the 15-24 age group increased by 1.6 points to 21.6 percent in September.

The number of people employed also rose by 266,000 people in September year-on-year, reaching 29.63 million. The employment rate in September dropped to 47.8 percent -- more than 29 million people -- down 0.1 percentage points from the same month last year.

The non-agricultural unemployment rate was estimated to be 13.5 percent with an increase of 0.7 percentage points. An additional 531,000 workers were added to the non-agricultural sector. The number of employees in the agricultural sector decreased by 264,000.

"According to the distribution of employment by sector; 19.2 percent was employed in agriculture, 19.6 percent in industry, 6.9 percent in construction and 54.3 percent in services," TurkStat said.

Compared to the same period in the previous year, the agricultural sector's share in employment decreased by 1.1 percentage points. The share of the construction sector decreased by 0.8 percentage points, industry increased by 0.8 percentage points and services sector increased by 1.2 percentage points.

Labor force participation rate (LFPR) rose by 0.4 percentage points to 54 percent in September year-on-year. LFPR among both men and women increased by 0.4 percentage points, rising to 73.5 percent for men and 34.9 percent for women.

The rate of unregistered employment -- people working without social security related to their principal occupation –decreased by 1 percentage point to 33.8 percent year-on-year. The share of unregistered workers in the non-agricultural sector remained unchanged at 22 percent.

The number of people in the labor force amounted to 32.8 million with an increase of 598,000 in the same period.

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