Business & Economy

Unemployment rate in Turkey drops to a record low

Unemployment in Turkey has dropped dramatically for the first time in 11 years, Turkish media reported.
According to data received, the unemployment rate in Turkey fell to 8.5 percent during the month of October, recording its lowest level since November 2012.
Despite the collapse of the Turkish lira due to Erdogan’s economic policies based on lowering the interest rate, the new government of the Turkish president began since taking office to reform the economic situation and returned the interest rate to reasonable levels, which gave a great impetus to the economy and employment.

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