Turkey’s unemployment rate rises to 10.8% in July

Turkey saw its annual unemployment rate rise by 0.1 percentage point on the year to 10.8% for July 2018, Hurriyet Daily News reported referring to data provided by the Turkish Statistical Institute (TUİK). In comparison, the unemployment rate in June this year stood at 10.2%.

In July, the count of people over the age of 15 who were registered as unemployed rose by 88,000 year-on-year to 3,531 million people. On the other hand, youth employment, concerning people between the age of 15 and 24, dropped by 1.2 percentage point to 19.9%.

Also, in the seventh months of 2018, the number of employed people in Turkey reached 29,2 million, up by 507,000 people in comparison to a year earlier. Thus, the employment rate rose by 0.2 percentage point to 48.2%, Hurriyet Daily News added.

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