Turkish Unemployment Rate Edges Down

MT5-Unemployment rate in Turkey dropped marginally in June, the latest figures released by the Turkish Statistical Institute showed Monday.
The seasonally adjusted jobless rate fell to 8.9 percent in June from 9 percent in May. A year ago, the rate was at 10.2 percent. On an unadjusted basis, the jobless rate was 8 percent, down by 1.2 percentage points from last year.
The number of unemployed persons fell a seasonally adjusted 1 percent month-on-month to 2.4 million. At the same time, there was a 0.1 percent rise in the number of employed to 24.76 million.
The employment rate was steady at 45.3 percent. The labor force participation rate fell to 49.7 percent from 49.8 percent in the previous month.

Published: 2012-09-17 07:24:00 UTC+00 16 hours, 3 min. ago