RTTNews - Monday, the Turkish Statistical Institute TurkStat announced that the jobless rate stood at 13.6% in May, up from 9.2% in a year ago. Economists were looking for a decline of 14.1%.
The number of unemployed persons totaled 3.38 million in May, larger than the 2.2 million in the previous year. Total labor force increased to 24.84 million from 24.04 million in a year ago.
Meanwhile, the labor force participation rate stood at 48.2 in May, up from 47.4 in April.
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