Slight Decrease Noted in Turkey's Unemployment Rate
The unemployment rate of Turkey had a slight drop in December, according to the data provided by the Turkish Statistical Institute. As per their report, the unemployment rate fell to an adjusted 8.8 percent in December, showing a drop from 8.9 percent noted in the previous month. The figures for December show a decrease of 12,000, aggregating to 3.1 million people out of work. However, the number of employed individuals experienced a rise by 399,000, reaching 32.06 million in December. The employment rate was observed at 48.8 percent, showing an increase compared to 48.2 percent a month ago. Additionally, the jobless rate for young people aged between 15 and 24 also saw a decrease, easing to 15.5 percent from 16.3 percent of the previous month.
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