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Turkey's unemployment rate rises to 13 percent between May and July

2019-09-16T08:31:49.266Z


Ankara - Turkey's unemployment rate rose to 13 percent between May and July


Ankara-Sana

The unemployment rate in Turkey rose to 13 percent between May and July.

Reuters reported that according to data from the Turkish Statistical Institute today, the unemployment rate in the country rose to 13 percent in the period from May to July, after it reached 12.8 percent in the period from April to June.

The data revealed that the unemployment rate in the non-agricultural sector increased to 15.3 percent in the same period from 15 percent in April-June.

The unemployment rate rose to 14.7 percent from December to February, its highest level in 10 years.

The Turkish economy is witnessing a severe crisis as the value of the Turkish lira has fallen due to the policies of President Recep Tayyip Erdogan and his interventions in the Central Bank of Turkey, which led to a decline in confidence in this economy and the flight of investors and the decline in tourism revenues.

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Source: sena

All business articles on 2019-09-16

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