Unemployment Rate

Actual
8.8%
Previous
9.2%
Forecast
9.1%

The Unemployment Rate released by TurkStat is the number of unemployed workers in the economy. If the number rises, it indicates a lack of expansion within the Turkish labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Lira, while an increase is seen as negative (or bearish).

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