CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

World / Middle East

Turkish unemployment falls to 10.9% in May

Published: 13 Jul 2022 - 11:23 am | Last Updated: 13 Jul 2022 - 11:39 am
File image used for representation only

File image used for representation only

Reuters

ISTANBUL: Türkiye's unemployment rate dropped 0.3 percentage points month-on-month to 10.9% in May, while a seasonally adjusted measure of labour underutilisation rose 0.8 points to 22.4%, data showed on Wednesday.

The labour underutilisation measure was on a falling trend for much of last year after peaking at 29.6% in January 2021 under the impact of measures to combat the COVID-19 pandemic.

The revised unemployment rate for April was 11.2%, data from the Turkish Statistical Institute also showed.
The labour force participation rate rose 0.4 percentage points from a month earlier to 53.6%, the data showed.