FX.co ★ Turkey’s Unemployment Rate Edges Down Slightly in October

In a subtle yet positive shift for the Turkish economy, the unemployment rate has inched down to 8.5% as of October 2025, compared to 8.6% recorded in September. This recent data update, revealed on November 28, 2025, provides a month-over-month comparison illustrating a modest decline that signals slight improvements in the nation's labor market.

The latest figures suggest a stable employment scenario, offering a glimpse of optimism for policy makers and economists who are monitoring Turkey's economic turbulence closely. The rate in September itself had shown stability, measuring the same at 8.6% before the October decline, marking a small yet significant progression towards reducing unemployment.

While the change appears minimal on the surface, the slight reduction signals cautious optimism by indicating continued efforts in employment generation. It also suggests positive impacts from economic strategies aimed at increasing workforce participation and is a potential herald of improved economic resilience in the face of broader global challenges. As Turkey grapples with various economic issues, maintaining or further decreasing unemployment will be crucial for sustained economic growth and stability.