Turkiye Statistical Institute [Turkstat] announced that the unemployment rate rose 1.3 percentage points, became to 11.6 percent level.

The number of unemployed persons aged 15 years old and over increased by 501 thousand to 3 million 788 thousand persons in the period of October 2018 in Turkiye compared with the same period of the previous year.

The unemployment rate occurred at 11.6% with a 1.3 percentage point increase. In the same period, non-agricultural unemployment rate occurred as 13.6% with 1.3 percentage point increase.

While youth unemployment rate including persons aged 15-24 was 22.3% with 3 percentage point increase, the unemployment rate for persons aged 15-64 occurred as 11.9% with 1.4 percentage point increase.Employment rate realized as 47.5%The number of employed persons rose by 225 thousand to 28 million 870 thousand persons in the period of October 2018 compared with the same period of the previous year. The employment rate occurred at 47.5% with a 0.1 percentage point decrease. The number of agricultural employment decreased by 187 thousand persons and the number of non-agricultural employment increased by 414 thousand persons in this period.

According to the distribution of employment by sector; 18.5% was employed in agriculture, 19.7% was in industry, 6.7% was in construction and 55% was in services.

Employment in agriculture decreased by 0.8 percentage point and construction decreased by 0.9 percentage point while industry increased by 0.6 percentage point and services increased by 1 percentage point compared with the same period of the previous year. Labor force participation rate realized as 53.7%The number of persons in the labor force realized 32 million 658 thousand persons with 726 thousand persons increase in the period of October 2018 compared with the same period of the previous year.

Labor force participation rate (LFPR) was 53.7% with a 0.6 percentage point increase. LFPR for the male was 73% with 0.6 percentage point increase and the rate for the female was 34.8% with 0.6 percentage point increase compared with the same period of the previous year.

The rate of unregistered employment realized as 33.7%The ratio of persons working without any social security relating to the main job occurred 33.7% with a 0.2 percentage point decrease in the period of October 2018 compared with the same period of the previous year. In the non-agricultural sector, the rate of unregistered employment realized as 22.4% with a 0.6 percentage point increase compared to the same period of the previous year.Seasonally adjusted employed rate realized as 47.4% and unemployed rate realized as 11.5%Seasonally adjusted employed persons increased by 64 thousand persons and occurred 28 million 863 thousand persons compared with the previous period. Seasonally adjusted employment rate occurred 47.4% without any change.The number of seasonally adjusted unemployed persons increased by 58 thousand to 3 million 742 thousand persons in the period of October 2018 compared with the previous period. The unemployment rate was 11.5% with a 0.2 percentage point increase.

Seasonally adjusted labor force participation rate was 53.6% with a 0.2 percentage point increase compared with the previous period.

According to the number of employment by sector, employment in agriculture increased by 38 thousand persons, services increased by 53 thousand persons while construction decreased by 26 thousand persons and industry decreased by 2 thousand persons.

ILKHA