The Turkish Statistical Institute (TÜİK) has released new data showing that unemployment has increased for the first time since June.

The number of unemployed individuals aged 15 and over increased by 115 thousand people to 3 million and 116 thousand people in November 2023 compared to the previous month.

The unemployment rate also increased by 0.4 points, reaching 9 percent. While the unemployment rate is estimated at 7.5 percent for men, it is 11.8 percent for women.

In November 2023, the number of employed individuals decreased by 236 thousand compared to the previous month, and measured at 31 million 611 thousand people. The employment rate also decreased by 0.4 percentage points to 48.2%. This rate is 65.4% for men and 31.3% for women.

The labor force also decreased by 122 thousand people in November 2023, reaching 34 million 726 thousand people. The labor force participation rate decreased by 0.2 percentage points to 52.9%. The labor force participation rate was 70.7% for men and 35.5% for women.