Malaysia February unemployment rate falls to 3.3%

Elias Hubbard
April 16, 2018

Turkey's unemployment has declined to 10.8 percent in January, showing a 2.2 percentage points drop from the 13 percent figure from the same month previous year, the Turkish Statistical Institute (TurkStat) announced Monday.

On the labour force participation rate in February 2018, the department said it remained unchanged at 68.2 per cent compared with that of the previous month.

Unemployment in December 2017 was 10.4 percent with a 2.3 percent year-on-year decrease.

The youth unemployment rate-the 15-24 age group-was 19.9 percent, down 4.6 percentage points year-on-year in January.

Non-agricultural employment declined by 2.5 percentage points to 12.7 percent in January.

Among the population aged 15-64, unemployment fell 2.2 percentage points to 11.1 percent.

However, although it was up against the previous month, the January unemployment rate was a clear improvement on the 13% seen in January 2017, which was recorded as the highest level since February 2010.

The number of employed people increased by 1.6 percentage points year-on-year to reach 46.4 percent.

Simultaneously, the number of employed people increased during 2017 by 1.357.000 and its distribution was 17.7 percent in agriculture, 19.9 in industry, 7 in the building sector and 55.4 in the service one.

On year-on-year (y-o-y) comparison, the unemployment rate in February 2018 was also 0.2% lower than a year ago, according to the February 2018 Labour Force Statistics report released today.

Other reports by Click Lancashire

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