Unemployment rate declined in July

According to Turkstat data, unemployment rate in Turkey was 8.8 percent in July. Youth unemployment rate decreased by 1.0 point compared to the previous month and became 16.6 percent.

According to the results of the Household Labor Force Survey; The number of unemployed people aged 15 and over decreased by 112 thousand people in July 2024 compared to the previous month and became 3 million 167 thousand people. The unemployment rate decreased by 0.4 points to 8.8 percent. Unemployment rate was 7 percent for men and 12.4 percent for women.

In July, the number of employed people increased by 235 thousand people compared to the previous month and became 32 million 712 thousand people, while the employment rate increased by 0.3 points to 49.6 percent. This rate was realized as 67.4 percent for men and 32.2 percent for women.

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