Turkey's unemployment rate was at a 10-year low in 2023, falling to 9.4 percent from 10.4 percent in 2022, according to official data released by the country's statistics office.
The number of unemployed people over the age of 15 fell by 318,000 to 3.26 million last year compared to the previous year, according to data from the Turkish Statistical Institute (TurkStat), TRT Haber reported.
According to the data, the percentage is 7.7% for men and 12.6% for women.
The number of employed persons aged 15 and over increased by 880,000 to 31.63 million, and the employment rate was 48.3%, 0.8 percentage points higher in 2023 than the previous year.
Meanwhile, the labor force was 34.9 million and the labor force participation rate was 53.3% in 2023.
Youth unemployment in the 15-24 age group is 17.4%, which is 2 percent less than the previous year.
Commenting on the data, the Minister of Labor and Social Security, Vedat Ishakkhan, highlighted the unemployment rate, which was below the target in the government's medium-term program.
The minister promised to maintain his "determination in the fight against unemployment and the policies that support employment in the coming periods". /BGNES
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