Unemployme­nt rate is 12.6% in February

Dünya Executive - - OVERVIEW -

The jobless rate increased to 12.6 percent in February from 10.9 percent a year earlier. This rate showed a slight decrease from a seven-year high at 13 percent in January. Non-farm unemployme­nt went up to 14.8 percent from 12.7 percent, and youth unemployme­nt rose to 23.3 percent from 18.6 percent, data from the Turkish Statistics Institute (TurkStat) showed on May 15. Unemployme­nt has been rising for the past year. Recent data suggests economic growth is still weak and failing to produce enough jobs.

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