Breaking News... Alarming picture in unemployment: Youth unemployment has risen
According to February data released by the Turkish Statistical Institute (TÜİK), the unemployment rate rose to 8.5 percent, while the number of unemployed people reached 2 million 981 thousand. Although employment and labor force participation showed an increase, the rise in youth unemployment and the idle labor force rate stood out.
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According to the labor force statistics for February published by the Turkish Statistical Institute (TÜİK), the unemployment rate rose to 8.5 percent. According to the released data, the total number of unemployed people was recorded as 2 million 981 thousand.
It was reported that there was an increase in the number of employed persons and the labor force participation rate in February. The data revealed that general participation in the labor market has increased.
NOTABLE INCREASE IN YOUTH UNEMPLOYMENT
The rise in the unemployment rate among the youth population in the released statistics drew attention. The increase in youth unemployment highlighted the difficulties experienced by those newly entering the labor market.
IDLE LABOR FORCE RATE AT 29.9 PERCENT
The idle labor force rate, which is considered as broad-defined unemployment, reached 29.9 percent.