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Turkish unemployment rate rises to 10.1 percent in September

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Turkey’s unemployment rate rose 0.3 percentage points month-on-month to 10.1 percent in September, while a seasonally adjusted measure of labor underutilization rose to 20.3 percent, Reuters reported, citing official data on Thursday.

The labor underutilization measure, which stood at 19.9 percent in August, had been on a downward trend since peaking at 29.6 percent in January 2021 due to the economic fallout from pandemic measures.

The unemployment rate for August was revised to 9.8 percent from an initial 9.6 percent, data from the Turkish Statistical Institute (TurkStat) also showed. The labor force participation rate in September was unchanged from a month earlier at 52.9 percent .

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