Turkish Statistical Institute (TUIK), announced the labor force statistics for June.
Accordingly, the number of unemployed persons aged 15 and over increased by 2 thousand people in June 2023 compared to the previous month and became 3 million 337 thousand people. Unemployment rate, on the other hand, increased by 0.1 percentage points to 9.6 percent. While the unemployment rate was 7.8 percent for men, it was estimated to be 13.2 percent for women.
Employment rate was 47.8 percent
The number of people employed decreased by 363 thousand people in June 2023 compared to the previous month and became 31 million 291 thousand people, while the employment rate decreased by 0.6 points to 47.8 percent. While this rate was 65.2 percent for men, it was 30.8 percent for women.
The labor force participation rate was 52.9 percent.
In June 2023, the workforce decreased by 359 thousand people compared to the previous month and became 34 million 629 thousand people, while the labor force participation rate decreased by 0.6 points to 52.9 percent. While the labor force participation rate was 70.7 percent for men, it was 35.5 percent for women.
The youth unemployment rate was 18.6 percent
Unemployment rate among the young population between the ages of 15-24 increased by 1.2 percentage points compared to the previous month and became 18.6 percent. Unemployment rate in this age group; It was estimated to be 15.4 percent in men and 24.2 percent in women.
The average weekly actual working hours, adjusted for seasonal and calendar effects, of those employed during the reference period increased by 0.7 hours compared to the previous month and amounted to 44.6 hours in June 2023.
The rate of idle labor increased
The rate of idle labor force consisting of time-related underemployment, potential labor force and unemployed became 24.2 percent in June 2023 with an increase of 1.7 points compared to the previous month. While the combined rate of time-related underemployment and the unemployed was 16.6 percent, the combined rate of the unemployed and potential workforce was estimated at 17.9 percent.
