Turkey unemployment rate flat at 12.7 percent
Turkey
unemployment rate flat at 12.7 percent
Turkey’s
jobless rate was unchanged at 12.7 percent in the three months to November
compared with the month previously, the Turkish Statistical Institute said on
Monday.
Unemployment
in Turkey has remained almost flat during the coronavirus pandemic after the
government barred companies from firing staff. Instead, an undisclosed number
of persons are on unpaid leave, or on short working weeks.
Downward
pressure on employment in Turkey has been reflected in a sharp contraction in
the labour market. The labour force participation rate fell to 50 percent of
the working age population in the three months to November from 50.5 percent in
October and 53 percent a year earlier, the data showed.
The
number of people in the labour force in Turkey dropped by 1.29 million to 31.5
million in November from a year ago.
The
youth unemployment rate – defined as the proportion of people aged between 15
years and 24 years neither
in a job or education – stood at 27.6 percent, falling from 29.1 percent in the
three months to October. The rate stood at 26 percent a year earlier.
