ANKARA
Turkish Minister of Economy Zafer Caglayan has referred to the household labor force figures for October 2012 and said, "When we examine the economic situation of the world, I take our employment rate results as successful."
Caglayan said that according to the figures, Turkey's labor force reached its highest with 28 million 51 thousand people in October 2012.
Caglayan referred to the October 2012 household labor force figures in Turkey and said, "There is serious rise. Number of employed increased by 1 million 23 thousand people compared to October 2011 and reached to 25 million 509 thousand people in the period of October 2012."
Caglayan said that according to results which were published on Tuesday, the unemployment rate in Turkey was 9.1 percent in October 2012 and added, "It is a high rate when we look just look at that. Wish we could pull it down. We aim to bring that to 6 to 7 percent over the medium or long term."
According to the Turkish statistics authority, TurkStat, that the number of unemployed people increased by 87 thousand in the period of October 2012 and reached 2 million and 541 thousand in Turkey.
Labor force participation rate (LFPR) was 51 percent with 1 percentage point increase compared to the same period of the previous year for Turkey in October 2012 period.
