Türkiye's unemployment rate drops to 7.8% in August

Türkiye's unemployment rate decreased to 7.8% in August, from 8.1% in July, while the number of unemployed people falls to 2.74 million, the Turkish Statistical Institute announces.

The number of unemployed people aged 15 and over in Türkiye decreased by 106,000 to 2.74 million in August compared to the previous month, according to the Turkish Statistical Institute (TurkStat).

The unemployment rate stood at 6.6% for men and 10.1% for women during the same period.

Employment in Türkiye increased by 136,000 people to reach 32.51 million in August, as the employment rate rose by 0.1 percentage points to 48.4%.

The employment rate was 65.8% for men and 31.5% for women in the month.

The labor force participation rate remained unchanged at 52.5% in August, while the labor force increased by 29,000 people to 35.25 million.

The participation rate reached 70.5% for men and 35% for women during the month.

The youth unemployment rate for the 15-24 age group dropped by 1.1 percentage points to 13% in August.

The youth unemployment rate stood at 9.7% for men and 19.4% for women.

The average weekly actual working hours of people at work increased by 0.5 hours to 42.5 hours in August compared to the previous month.