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Turkey’s unemployment remained unchanged at 10.2 percent in November

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Turkey’s unemployment rate was unchanged month-on-month at 10.2 percent in November, while a seasonally adjusted measure of labor underutilization rose 0.5 percentage points to 20.8 percent, Reuters reported, citing official data on Tuesday.

The labor underutilization measure has been on a falling trend since peaking at 29.6 percent in January 2021 due to the economic fallout from pandemic measures.

The unemployment rate for October was unchanged at 10.2 percent, data from the Turkish Statistical Institute (TurkStat) also showed.

The labor force participation rate in November rose to 54.1 percent from 53.6 percent a month earlier.

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