Turkey's Unemployment Rate Rises To 10.6 Percent In March

- Turkey's unemployment rate rose to 10.6 percent in March period, 0.9 percentage points higher than in the same period

- Turkey's unemployment rate rose to 10.6 percent in March period, 0.9 percentage points higher than in the same period of last year, according to the data released by Turkstat on Monday.

Number of unemployed aged 15 years old and over rose by 322 thousand to 3 million 69 thousand in the period of March, including February, March and April.

In the same period, non-agricultural unemployment rate rose by 1.0 percentage points to 12.6 percent, while youth unemployment rate including 15-24 age group soared by 1.9 percentage points to 18.6 percent.

Reklam
Reklam

Unemployment rate for 15-64 age group rose by 0.9 percentage points to 10.8 percent, over the same period.

Turkey's unemployment rate would rise by 0.5 points to 11.4 percent in 2015, from 9.9 percent in 2014 and rise further to 11.6 percent in 2016, according to the data in the IMF’s latest World Economic Outlook (WEO).

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