Turkey Jobless Rate Rises To 8.5%

(RTTNews) - Turkey's unemployment rate increased in August after falling in the previous month, the Household Labor Force Survey results from the Turkish Statistical Institute showed Tuesday.

The jobless rate rose to a seasonally adjusted 8.5 percent in August from 8.1 percent in the previous month.

At the same time, the employment rate posted 49.4 percent, up from 49.1 percent a month ago.

The number of unemployed increased 168,000 from the previous month to 3.44 million in August.

The youth unemployment rate in the 15-24 age group came in at 16.0 percent, up from 15.2 percent in the previous month.