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Turkey's unemployment rate hits four-year high with 10.9 pct

Xinhua, March 17, 2015 Adjust font size:

The unemployment rate in Turkey rose to 10.9 percent in December 2014, the highest of the last four years, the Turkish Statistical Institute said in a statement on Monday.

The increase in the unemployment rate was caused by the slowdown of Turkey's economic growth which would be announced at around 3 percent in 2014, local media said.

A total of 3.145 million people were unemployed in December 2014, with an increase of 563,000 compared to the same period of 2013.

The unemployment rate of the 15-24 age group was 20.2 percent, while 11.2 percent for the 15-64 age group. Endit