Türkiye's unemployment rises to 9.2% in June
Türkiye's seasonally adjusted unemployment rate climbed to 9.2% in June, reflecting a 0.7 percentage point increase from the previous month, according to the Turkish Statistical Institute (TurkStat).
The number of unemployed individuals aged 15 and older rose by 234,000, bringing the total to 3.305 million. The unemployment rate for men stood at 7.6%, while for women it was notably higher at 12.4%.
Employment figures also showed a downturn. The employment rate decreased by 0.6 percentage points to 49.3%, with the total number of employed persons falling by 341,000 to 32.522 million. The gender gap in employment remained significant, with 66.9% of men employed compared to just 32.1% of women.
The labour force participation rate, after seasonal adjustments, dipped slightly to 54.4%, down by 0.2 percentage points from the previous month. The total number of people in the labour force decreased by 107,000 to 35.827 million. Men's participation rate was 72.4%, while women lagged behind at 36.7%.
Youth unemployment was particularly concerning, with the rate for those aged 15-24 rising by 1.7 percentage points to 17.6%. The rate for young men was 14.8%, while young women faced a much higher rate of 23.2%.
Despite these challenges, the average weekly actual working hours, adjusted for seasonal and calendar variations, saw a slight increase to 44.0 hours.
Finally, the composite measure of labour underutilization, which includes time-related underemployment, potential labour force, and unemployment, rose sharply to 29.2%, up by 3.8 percentage points from the previous month. This measure underscores the broader challenges facing the Turkish labour market, beyond just the headline unemployment rate. (ILKHA)