Turkey Risks a Jobless Recovery After Unemployment Turns Higher
A worker wheels a cart laden with goods through an ancient passageway in Istanbul.
Photographer: Kostas Tsironis/BloombergThis article is for subscribers only.
Turkey’s jobless rate rose for the first time in four months, in a sign of divergence with the broader economy that ended the year on an upswing.
Unemployment climbed to 13.7% in December from 13.3% the previous month, data published by the statistics office showed on Tuesday. Gross domestic product surged an annual 6% in the fourth quarter.