Turkey’s unemployment rate holds at 10.1 percent

Turkey’s unemployment rate holds at 10.1 percent while labor force participation rate increases with participation of more women in workforce

Photo by: AA
Photo by: AA

The Turkish Statistical Authority reported on Monday that the unemployment rate in Turkey remained unchanged at 10.1 percent in August from the same month in the previous year.

The employment rate rose 0.7 percent from August 2014, to reach 46.8 percent, according to the report.

The labor force participation rate rose 0.9 percentage point in August year-on-year, to 52.1 percent.

The number of women participating in workforce advanced 1.2 percentage points from the previous year to 32.1 percent.

Among the labor force aged between 15-64 years, the unemployment rate also remained unchanged at 10.3 percent.

However,  according to the report, the unemployment rate saw an 0.3 percentage point increase from July to August.