turkey ranks second to reduce unemployment rate
Last Updated : GMT 03:09:26
Arab Today, arab today
Arab Today, arab today

Turkey ranks second to reduce unemployment rate

Arab Today, arab today

Arab Today, arab today Turkey ranks second to reduce unemployment rate

Istanbul - Anadolu

Turkey has ranked second in reducing  unemployment rate the most amongOECD countries since 2010. Turkey has reduced unemployment rate the most with 2.5 percent among OECD countries between 2010 and 2012, according to the data compiled by Anadolu Agency. Hence, unemployment rate reduced from 10.7 percent in 2010 to 8.8 percent in 2011 to 8.2 percent in 2012. Turkey also outperformed USA and Germany in reducing unemployment. Estonia ranked first in reducing unemplyment rate 5.8 percent while unemployment rates increased the most in Greece due to public debt with 11.7 percent since 2010. Unemployment rate increased 1.3 percent in the Euro area and 0.8 percent in the European Union in the same term. Unemployment rates for OECD states for 2010, 2011 and 2012 are as below; Countries     2010     2011     2012     Difference Australia     5,2     5,1     5,2     0 Austria     4,4     4,1     4,4     0 Belgium     8,3     7,2     7,6     0,7 Canada     8,0     7,5     7,2     0,8 Chile     8,2     7,1     6,4     1,8 Czech Republic     7,3     6,7     7,0     0,3 Denmark     7,5     7.6     7.5     0 Estonia     16,9     12,6     10,1     5,8 Finland     8,4     7,8     7,7     0,7 France     9,7     9,6     10,3     -0,6 Germany     7,1     6,0     5,5     1,6 Greece     12,6     17,7     24,3     -11,7 Hungary     11,2     11,0     10,9     0,3 Iceland     7,6     7,1     6,0     1,6 Ireland     13,9     14,7     14,7     0,8 Israel     6,6     5,6     6,9     -0,3 Italy     8,4     8,4     10,7     -2,3 Japan     5,1     4,6     4,4     0,7 Korea     3,7     3,4     3,2     0,5 Luxembourg     4,6     4,8     5,1     -0,5 Mexico     5,4     5,2     5,0     0,4 Netherlands     4,5     4,5     5,3     -0,8 New Zealand     6,5     6,5     6,9     -0,4 Norway     3,6     3,3     3,2     0,4 Poland     9,7     9,7     10,1     -0,4 Portugal     11,0     12,9     15,9     -4,9 Slovak Republic     14,5     13,6     14,0     0,5 Slovenia     7,3     8,2     8,9     -1,6 Spain     20,1     21,6     25,1     -5,0 Sweden     8,6     7,8     8,0     0,6 Switzerland     4,5     4,0     4,2     0,3 Turkey     10,7     8,8     8,2     2,5 United Kingdom     7,8     8,0     7,9     -0,1 United States     9,6     9,0     8,1     1,5 Euro Area     10,1     10,1     11,4     -1,3 European Union     9,7     9,7     10,5     -0,8 G-7     8,2     7,7     7,4     0,8 OECD Total     8,3     8,0     8,0     0,3

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