Minister Şimşek stated that the unemployment rates are better than targeted.

11.11.2024 15:01

The Minister of Treasury and Finance, Mehmet Şimşek, announced that the unemployment rate in September was at a low level of 8.6%. He also stated that the contraction in industrial production continues.

The Minister of Treasury and Finance, Mehmet Şimşek, stated, "Labor force indicators are performing more positively than our program targets, and the unemployment rate was realized at a low level of 8.6% in September."

Minister Şimşek made an assessment regarding the labor force statistics for September and the industrial production index announced by the Turkish Statistical Institute. In a statement on his social media account, Şimşek said, "Labor force indicators are performing more positively than our program targets, and the unemployment rate was realized at a low level of 8.6% in September. Although the contraction that began in the second quarter of industrial production has slowed down, it continued in the third quarter as well. The weak demand from Europe and the short-term temporary effects of our steps to strengthen macro-financial stability have been decisive in this development. In the upcoming period, more supportive global conditions, an increasing sense of security and predictability, improving expectations, and structural steps will support production, employment, and exports."

Minister Şimşek stated that the unemployment rates are better than targeted.

The Minister of Treasury and Finance, Mehmet Şimşek, announced that the unemployment rate in September was at a low level of 8.6%. He also stated that the contraction in industrial production continues.

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