{"id":35314,"date":"2020-10-12T16:03:22","date_gmt":"2020-10-12T12:03:22","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=35314"},"modified":"2020-10-12T16:03:38","modified_gmt":"2020-10-12T12:03:38","slug":"the-unemployment-rate-in-turkey-stays-at-13-4-in-3-months","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/the-unemployment-rate-in-turkey-stays-at-13-4-in-3-months\/10\/12\/market-updates\/","title":{"rendered":"The Unemployment Rate in Turkey Stays at 13.4% in 3 Months"},"content":{"rendered":"\n<p>Monday&#8217;s data showed that the unemployment rate in Turkey stabilized at 13.4% in the period from June to August compared to the previous three months, with a high rate of participation in the workforce, while the repercussions of Covid-19 continued to affect employment.<\/p>\n\n\n\n<p>Separate data today showed that the current account deficit rose sharply to $ 4.6 billion in August due to a sharp decline in tourism due to the pandemic.<\/p>\n\n\n\n<p>After the data was released, the lira fell 0.4% from Friday&#8217;s close of 7.8930.<\/p>\n\n\n\n<p>While the unemployment rate decreased from 13.9% in the same period a year ago, the number of workers decreased by 1.254 million on an annual basis to record 43.5%, according to data from the Turkish Statistical Institute. The rate was 46.4% in the same period last year.<\/p>\n\n\n\n<p>The participation rate, the number of employed or looking for work, was 50.3%, compared to 49 percent a month ago, although it is much lower than the 53.8% rate recorded last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monday&#8217;s data showed that the unemployment rate in Turkey stabilized at 13.4% in the period from June to August compared to the previous three months, with a high rate of participation in the workforce, while the repercussions of Covid-19 continued to affect employment. Separate data today showed that the current account deficit rose sharply to &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32677,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6997,7095],"class_list":["post-35314","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-economy","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35314"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35314\/revisions"}],"predecessor-version":[{"id":35315,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35314\/revisions\/35315"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32677"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}