Turkish Statistical Institute (TUIK) announced the labor force statistics for February.
According to the results of the Household Labor Force Survey; The number of unemployed persons aged 15 and above increased by 65 thousand persons in February 2023 compared to the previous month and reached 3 million 514 thousand persons. Unemployment rate, on the other hand, increased by 0.2 percentage points to 10.0 percent. While the unemployment rate was 8.7 percent for men, it was estimated to be 12.6 percent for women.
The number of employed persons decreased by 361 thousand persons in February 2023 compared to the previous month and became 31 million 460 thousand persons, while the employment rate decreased by 0.6 points to 48.2 percent. While this rate was 65.0 percent for men, it was 31.8 percent for women.
The labor force decreased by 295 thousand people in February compared to the previous month and realized as 34 million 975 thousand people, while the labor force participation rate decreased by 0.5 percentage points to 53.6 percent. While the labor force participation rate was 71.2 percent for men, it was 36.4 percent for women.
