The Turkish Statistical Institute (TurkStat) announced the latest developments in Türkiye's labor force and employment figures.
Accordingly, Türkiye's unemployment rate fell by 0.5 percentage point compared to the previous month and receded to 10.7 percent in February 2022, down from 13.2 percent the previous year.
The number of employed people was 30 million 6 thousand, with an increase of 90,000 in February 2022 compared to the previous month. In addition, the labor force touched 33.6 million with labor force participation rate standing at 52.2 percent in the same period.
With these figures, Türkiye has generated around 4.7 million jobs since April 2020, when the Covid-19 pandemic hit labor markets, rendering millions of people unemployed around the world. Türkiye has not only made up for losing employment during the pandemic, but also absorbed new entrants as the active labor force has also increased significantly.