| | | | Turkey’s unemployment rate has risen to 11.8 percent of the country’s 21 million strong workforce, according to a report issued by the State Statistics Institute (DİE) on Monday said. Some 2,462,000 Turks have been left jobless, with more than a quarter of those becoming unemployed since the beginning of the economic crisis in February 2001. Approximately 653,000 people have swelled the ranks of the jobless in the past year, according to the DİE report.
Among those hardest hit are educated youth, with the unemployment rate for those under 25 hitting 29.4 percent.
Almost 21 million of the 46 million Turks who are over the age of 15 are considered to represent the country’s workforce, with an estimated 18 million currently in employment.
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