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The unemployment rate in Turkey increased by 0.4 points compared to the previous month and reached 9 percent in November 2023. Unemployment fell to 8.5 percent in October, the lowest level since November 2012.
According to the Turkish Statistics Institute (TUIK), the number of unemployed people aged 15 and over increased by 115,000 people in November 2023 compared to the previous month, reaching 3 million 116,000 people. The unemployment rate rose by 0.4 points and reached 9 percent. The unemployment rate was estimated at 7.5 percent for men and 11.8 percent for women
The seasonally adjusted employment rate was 48.2 percent. The number of people in employment fell by 236,000 people to 31 million,611,000 people in November compared to the previous month, and the employment rate fell by 0.4 percentage points to 48.2 percent. This rate was 65.4 percent for men and 31.3 percent for women.
SHAREHOLDING 52.9 PERCENT
The seasonally adjusted labor force participation rate was 52.9 percent. The labor force fell by 122,000 people to 34 million 726,000 people in November compared to the previous month, and the labor force participation rate fell by 0.2 percentage points to 52.9 percent. The labor force participation rate was 70.7 percent for men and 35.5 percent for women.
Unemployment among the youth population has increased
The unemployment rate among the young population in the 15- to 24-year-old age group rose by 0.3 points compared to the previous month and reached 16.5 percent. unemployment rate in this age group; It was estimated at 14.2 percent for men and 20.7 percent for women.
RUNNING TIME 43.8 HOURS
The average weekly actual working time of employees in the reference period, adjusted for seasonal and calendar effects, decreased by 0.2 hours compared to the previous month and reached 43.8 hours in November 2023.
The inactivity rate, which consists of temporary underemployment, potential labor force and unemployed people, increased by 1.3 points compared to the previous month and reached 22.7% in November 2023. While the integrated rate of temporary underemployment and unemployed was 14.9%, the integrated rate of unemployed and potential workers was estimated at 17.3%.
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