Turkey’s unemployment rate surged to 14.7 percent in the December-February period, its highest level in almost 10 years, data from the Turkish Statistics Institute showed on Monday.
Non-agricultural unemployment stood at 16.8 percent in the same period, the data showed.
In the November-January period, unemployment stood at 13.5 percent while non-agricultural unemployment was at 15.6 percent.
Unemployment last stood at 14.7 percent in the February-April period of 2009.
Turkey’s reform package lacks detail, vague on timing - Moody’sRatings agency Moody’s said on Friday that a reform package that Turkey presented this week provided little detail and was vague on a timetable ... Economy
Turkey, Qatar condemn US move against Iran’s Revolutionary GuardsTurkey and Qatar on Tuesday condemned the US’s move to designate Iran’s Revolutionary Guards a terrorist group, saying the decision would ... Gulf
Erdogan pays electoral price for Turkey’s tumbling economyAfter a decade and a half of dominance built on Turkey’s buoyant growth Recep Tayyip Erdogan has paid a heavy electoral price for an economic ... Middle East
US suspends F-35 deliveries to Turkey over Russian armsThe United States said Monday it was halting all deliveries and joint work with Turkey on the F-35 fighter jet program after the NATO ally insisted on ... Middle East