Turkish unemployment surges to almost 10-year high in December-February: stats institute

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ISTANBUL (Apr 15): Turkey’s unemployment rate surged to 14.7 percent in the December-February period, its highest level in almost 10 years, data from the Turkish Statistics Institute showed on Monday.

Non-agricultural unemployment stood at 16.8 percent in the same period, the data showed. In the November-January period, unemployment stood at 13.5 percent while non-agricultural unemployment was at 15.6 percent.

Unemployment last stood at 14.7 percent in the February-April period of 2009.