RTTNews - Wednesday, data released by the Turkish statistical office showed that the jobless rate surged to 14.9% in April from 9.9% in the same month last year. Economists were looking for a rate of 15.3%. However, the April jobless rate came in smaller than the 15.8% recorded in March.
The number of unemployed totaled 3.62 million in April, up from 2.33 million in the same month last year. The labor force participation rate improved to 47.2% from 46.5% a year ago.
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