Turkish jobless rate remains unchanged at 9.1 pct

Turkish jobless rate remains unchanged at 9.1 pct

ANKARA - Hürriyet Daily News
Turkish jobless rate remains unchanged at 9.1 pct

Hürriyet photo

Turkey’s unemployment rate remained unchanged at 9.1 percent in October 2012, according to official data released by the state-run statistics body TÜİK today.

The rate in non-agricultural sectors was 11.4 percent in the same period, indicating a slight improvement, the data said.

The jobless rate stood at 9.1 percent both in the same period a year earlier and in September. However, slightly more than 1 million jobs were created compared to the same period last year.

TÜİK calculates unemployment rates in three-month periods, naming the data with the second month.

According to a recent Organization for Economic Cooperation and Development (OECD) forecast, 1 million people will join the labor force in Turkey in 2013 and 2014. The figure will be only 372,973 in Europe in the same period, the forecast said.