Turkey’s unemployment rate was 13.4% with a 0.5 percentage point drop in July while the participation rate rose, the national statistical body announced Monday.
The number of unemployed aged 15 and over decreased by 369,000 to 4.22 million as of July compared to the same month last year, according to the Turkish Statistical Institute (TurkStat).
The participation rate – the number of people in employment or seeking work – was 50.3%, compared with 49% a month earlier, though it was short of last year’s 53.8% rate.
The data also showed that the non-agricultural unemployment rate fell to 15.9% from 16.5% a year earlier.
The youth unemployment rate between the age of 15-24 was at 25.9%, down from 27.1% a year earlier, it added.
In June, the country’s unemployment rate was 13.4%, with 4.1 million unemployed people aged 15 and above.
