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Turkey’s unemployment rate rises by 0.4% in March
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As the unemployment rate was estimated 11.5% with 0.4 percentage point increase compared to the previous month; it was estimated 10.3% for men and 13.9% for women.

Seasonally adjusted employment rate realized as 46.5%

The number of employed persons decreased by 59 thousand to 29 million 956 thousand persons in March 2022 compared to the previous month. The employment rate occurred as 46.5% with 0.2 percentage point decrease. In addition, this rate was 64.4% for men, 29.0% for women.

Seasonally adjusted labor force participation rate realized as 52.6%

The number of persons in the labor force realized as 33 million 851 thousand persons with 96 thousand persons increase in March 2022 compared to the previous month. Labor force participation rate was 52.6% with 0.1 percentage point increase. Also, this rate was 71.9% for men, it was 33.7% for women.

Seasonally adjusted youth unemployment rate was 21.2%

The youth unemployment rate in the 15-24 age group was 21.2% with 0.5 percentage point increase compared to the previous month. While this rate was estimated 19.1% for men and 25.2% for women.

Seasonally and calendar adjusted average weekly actual working hours was 44.9

Seasonally and calendar adjusted average weekly actual working hours of persons at work during the reference period decreased by 0.5 hours and estimated 44.9 hours compared to the previous month in March 2022.

Seasonally adjusted composite measure of labor underutilization rate realized as 22.7%

 In March 2022, the rate of composite measure of labor underutilization consisting of time-related underemployment, potential labor force and unemployment was 22.7% with 0.6 percentage point increase compared to the previous month.

While combined rate of time-related underemployment and unemployment realized as 15.7%, combined rate of unemployment and potential labor force estimated as 18.8%. (ILKHA)



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