[size=75:kqlqdsdw]Sofia echo 5 March 2010

Turkey's unemployment shoots up

Turkey now has the second highest unemployment rate in Europe, behind Spain.

The study, conducted by Istanbul's Okan University, covered EU countries as well as Turkey and the US.

Results showed that Turkey's unemployment rate had risen to 14 per cent, a rise of three percentage points on 2008.

Europe's average jobless rate is currently 8.8 percent. Germany has a 7.5 per cent unemployment rate, France and Croatia 9.5 per cent each but Spain, at 18 per cent, is the highest in the EU.

Istanbul had the highest unemployment rate among Turkish cities in 2009 with unemployment at 16.8 percent.

The number of unemployed in Istanbul, Turkey's most populous city, reached 753 000 in 2009, marking a 52.7 percent rise over the previous year.

Joblessness in Izmir reached 227,000, a 45.5 percent year-on-year rise, while the number of unemployed in Ankara reached 212 000, a 17.8 percent rise on the previous year

Well at least its not Bulgaria,not worried about Turkey


Mike

mickhev wrote:

Well at least its not Bulgaria,not worried about Turkey Mike

Hi Mike this only only the beginning!! I think Bulgaria has much worse to come yet as far as unemployment is concerned

Ashley we have the Mafia so no worries



Mike