Turkey Jobless Rate Falls In February

Turkey’s unemployment rate dropped moderately in February, the Household Labor Force Survey results from the Turkish Statistical Institute showed Monday.

The jobless rate fell to a seasonally adjusted 8.7 percent in February from 9.0 percent in the previous month.

At the same time, the employment rate posted 49.3 percent, up from 49.1 percent a month ago.

The number of unemployed declined 109,000 from the previous month to 3.08 million in February.

The youth unemployment rate in the 15-24 age group came in at 15.6 percent, down from 16.4 percent in the previous month.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.