Turkish Unemployment Rate Climbs to Highest in Five Years
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Turkey’s unemployment rate rose to the highest level since 2010 as the number of jobs in construction and agriculture declined in January.
Unemployment rose to 11.3 percent in January from 10.9 percent in December, missing the median estimate of 11.2 percent in a Bloomberg survey of economists. The number of those employed in agriculture and construction sectors fell by 300,000 to 6.5 million, Turkey’s state statistics bureau in Ankara said Wednesday.