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Türkiye's Unemployment Drops to 8.5%, Youth Rates Spike

2/11/2025

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Summary

Story summary

Türkiye's unemployment rate decreased to 8.5% in December 2024, a 0.1 percentage point drop from November.
Unemployment fell by 39,000, totaling 3.03 million individuals.
Youth unemployment rose to 16.3%.
Broadly defined unemployment reached 28.2%, with male rates at 22.8% and female rates at 37.2%.
Industrial production saw a 7% annual increase.

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Story summary

Türkiye's unemployment rate decreased to 8.5% in December 2024, a 0.1 percentage point drop from November.
Unemployment fell by 39,000, totaling 3.03 million individuals.
Youth unemployment rose to 16.3%.
Broadly defined unemployment reached 28.2%, with male rates at 22.8% and female rates at 37.2%.
Industrial production saw a 7% annual increase.