{"id":93854,"date":"2023-12-11T14:09:39","date_gmt":"2023-12-11T10:09:39","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=93854"},"modified":"2023-12-11T14:09:42","modified_gmt":"2023-12-11T10:09:42","slug":"unemployment-in-turkiye-falls-to-its-lowest-levels-in-ten-years","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/unemployment-in-turkiye-falls-to-its-lowest-levels-in-ten-years\/12\/11\/market-updates\/","title":{"rendered":"Unemployment in T\u00fcrkiye falls to its lowest levels in ten years"},"content":{"rendered":"\n<p>Official data showed on Monday that the unemployment rate in Turkey fell 0.5 percent on a monthly basis to record 8.5 percent in October, its lowest level in ten years after recording a decline for more than two years.<\/p>\n\n\n\n<p>The seasonally adjusted index of labor underutilization decreased by 0.5 percent to 21.3 percent in the same period.<\/p>\n\n\n\n<p>Data from the Turkish Statistical Institute showed that the labor force participation rate in the labor market in October recorded a slight increase to 53.1 percent from 53.2 percent in the previous month.<\/p>\n\n\n\n<p>Unemployment, which was revised from 9.1 percent to 9 percent in September, has declined over the past four months.<\/p>\n\n\n\n<p>The unemployment rate is at its lowest levels since November 2012 and has moved away from its highest levels in mid-2020, when it exceeded 14 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Official data showed on Monday that the unemployment rate in Turkey fell 0.5 percent on a monthly basis to record 8.5 percent in October, its lowest level in ten years after recording a decline for more than two years. The seasonally adjusted index of labor underutilization decreased by 0.5 percent to 21.3 percent in the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":70432,"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":[37,36],"tags":[8473,6987,8494,7095],"class_list":["post-93854","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-consumer-inflation","tag-inflation","tag-inflationary-pressures","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/93854","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=93854"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/93854\/revisions"}],"predecessor-version":[{"id":93855,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/93854\/revisions\/93855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70432"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=93854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=93854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=93854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}