Turkey's unemployment rate drops to 10.5 pc

Unemployment rate dropped to 10.5 percent year-on-year in June 2010, Turkey's statistical board said on Wednesday.

Turkey's unemployment rate drops to 10.5 pc

Unemployment rate dropped to 10.5 percent year-on-year in June 2010, Turkey's statistical board said on Wednesday.

TurkStat released its household labor force survey for the period of June 2010 covering May, June and July 2010, and said unemployment rate was down 2.5 percent to 10.5 percent year-on-year in June 2010.

It was 13 percent in June 2009.

Number of unemployed persons decreased by 518 thousand persons compared to the same period of the previous year and has reached to 2 million 751 thousand persons in Turkey.

Non-agricultural unemployment rate was 13.4 percent, whereas unemployment among young people was 19.1 percent.

Moreover, labor force participation rate was up 1.2 points to 50 percent in June 2010 over June 2009.

This rate was 71.6 percent with 0.5 points rise for male, and 29.1 percent with 1.7 points rise for female.

In regard to the structure of employment, 17.6 percent of people employed are aged between 15 and 24. 83.3 percent of male employees and 70 percent of female employees are university graduates.

For further information and tables regarding seasonal and non-seasonal labor force, visit http://www.turkstat.gov.tr/PreHaberBultenleri.do?id=6320

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Last Mod: 15 Eylül 2010, 11:27
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