Turkstat reveals unemployment rate rose to 10 pct in February

Turkey’s unemployment rate rose 0.2 percentage points month-on-month to 10.0% in February, while a seasonally adjusted measure of labour under-utilisation rose 1.5 percentage points to 23.4%, data showed on Monday.

The labour under-utilisation measure had slid after peaking at 29.6% in January 2021 due to the economic fallout from pandemic measures. It has started picking up again in recent months.

The Turkish Statistical Institute data showed the labour force participation rate in February fell 0.5 percentage points to 53.6%. (Reporting by Gdansk newsroom; Writing by Daren Butler; Editing by Toby Chopra)

 

 

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