Financial News: Turkey Jobless Rate Falls In February

Turkey Jobless Rate Falls In February

04/15/2024 - 08:03:00 (RTTNews)

(RTTNews) - Turkey's unemployment rate dropped moderately in February, the Household Labor Force Survey results from the Turkish Statistical Institute showed Monday.

The jobless rate fell to a seasonally adjusted 8.7 percent in February from 9.0 percent in the previous month.

At the same time, the employment rate posted 49.3 percent, up from 49.1 percent a month ago.

The number of unemployed declined 109,000 from the previous month to 3.08 million in February.

The youth unemployment rate in the 15-24 age group came in at 15.6 percent, down from 16.4 percent in the previous month.

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