Unemployment rate in Turkey growing

According to Turkish Statistical Institute (TÜIK), Turkey's unemployment rate was 13.3 percent in November 2019.

According to Turkish Statistical Institute (TÜIK), Turkey's unemployment rate was 13.3 percent in November 2019.

The rate for employment dropped by 0.9 percentage points and hit 45.6 percent, or almost 28.17 million people. 

The number of unemployed people aged 15 and over increased by 327,000 to 4.308 million persons in Turkey compared with the same period of the previous year" TÜIK said.

The unemployment rate for people aged 15-64 increased one percentage points to 15.5 percent in the month on a yearly basis. 

Non-agricultural unemployment rate stood at 15.5 percent, showing a one percentage point rise year-on-year. 

The rate of young unemployment, for people aged 15-24, increased by 0.9 percentage points and reached 24.5 percent. The rate of employment for the same age group hit 32.6 percent, showing a decrease of 0.7. percentage points.

TÜIK data also showed that the number of people, from the same age group, who neither work nor study reached 25.2 percent with a 0.9 percentage point increase.

The labor force participation rate decreased by 0.5 percentage points on an annual basis, falling to 52.5 percent in November last year, according to TÜIK.

The report also said that the number of women in the workforce went down 0.2 percentage points from the previous year to 33.9 percent.