Turkey's unemployment rate falls to 13% in April

DAILY SABAH WITH AA
ISTANBUL
Published 16.07.2019 10:06
Updated 16.07.2019 15:25
emAFP Photo/em
AFP Photo

Turkey's unemployment rate dropped to 13% in April, down 1.1 percentage points compared to the previous month, the Turkish Statistical Institute (TurkStat) announced Tuesday.

TurkStat said the unemployment rate rose by 3.3 percentage points on a yearly basis.

Official figures revealed that the number of unemployed people aged 15 or older rose 1.1 million year-on-year to 4.2 million as of April.

Official data also showed that non-agricultural unemployment increased 3.6 percentage points to 15% during the same period.

The youth unemployment rate, including persons aged 15-24, was 23.2%, up 6.3 percentage points on a yearly basis in May.

TurkStat said unemployment for the 15-64 age group was also up 3.5 percentage points to 13.3% in the same period.

In March, the country's unemployment rate stood at 14.1%, with 4.54 million unemployed people aged 15 or above.

The number of employed people in Turkey amounted to 28.2 million, with an annual loss of 810,000.

"The employment rate was 46 percent with a 1.9 percentage point decrease," TurkStat said.

"According to the distribution of employment by sector, 17.6 percent were employed in agriculture, 19.7 percent in industry, 5.7 percent in construction and 56.9 percent in services," it added.

The institute said Turkey's labor force climbed 306,000 year-on-year to 32.4 million people as of April.

The country's labor force participation rate was 52.9 percent in the same month, 71.8 percent for men and 34.5 percent for women.

The rate of unregistered employment – people working without social security related to their principal occupation – was 34.2 percent in April, going up 0.9 percentage points on a yearly basis.

Last year, Turkey's unemployment rate hovered between 9.6 percent and 13.5 percent.

Since 2014, the highest figures were seen in January and February this year with 14.7 percent, while the lowest was in May 2014 with 8.8 percent.

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