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Turkey’s unemployment rate stood at 13.1 percent in March

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Turkey’s unemployment rate stood at 13.1 percent in March, down by 0.1 percentage points month-on-month, the Turkish Statistical Institute (TurkStat) announced on Monday, according to the state-run Anadolu news agency.

The number of unemployed aged 15 and over increased by 59,000 to 4.2 million in March compared to February, TurkStat said in a statement.

The employment rate was 44.3 percent with a 0.8 percentage point monthly rise as the number of employed rose by 550,000 to 28.9 million.

Labor force participation reached 51 percent in March, up 0.9 percentage points compared to the previous month.

More than 32 million people make up the country’s labor force, with a rise of 610,000 in March compared to a month earlier, according to TurkStat.

In the meantime, the youth unemployment rate in the 15-24 age group was 25 percent in March, posting a 0.7 percentage point fall monthly.

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