Long Term Unemployment Rate in Turkey increased to 3.60 percent in the fourth quarter of 2019 from 3.40 percent in the third quarter of 2019.

Long Term Unemployment Rate in Turkey averaged 2.38 percent from 2006 until 2019, reaching an all time high of 3.60 percent in the fourth quarter of 2019 and a record low of 1.60 percent in the third quarter of 2012. This page provides the latest reported value for - Turkey Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Long Term Unemployment Rate - values, historical data and charts - was last updated on June of 2020. source: Eurostat

Long Term Unemployment Rate in Turkey is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Turkey to stand at 3.60 in 12 months time. In the long-term, the Turkey Long Term Unemployment Rate is projected to trend around 3.30 percent in 2021 and 0.50 percent in 2022, according to our econometric models.

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Turkey Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.40 3.60 1.60 2006 - 2019 percent Quarterly

Turkey Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.60 13.80 14.80 7.30 percent [+]
Employed Persons 26753.00 27266.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 4228.00 4362.00 4730.00 1773.00 Thousand [+]
Labor Force Participation Rate 50.70 51.80 53.50 43.90 percent [+]
Long Term Unemployment Rate 3.60 3.40 3.60 1.60 percent [+]
Youth Unemployment Rate 24.40 24.50 28.60 11.00 percent [+]
Labour Costs 221.43 197.80 221.43 56.26 points [+]
Minimum Wages 2943.00 2943.00 2943.00 1.50 TRY/Month [+]
Wages in Manufacturing 221.98 205.81 221.98 25.97 points [+]
Population 83.15 82.00 83.15 28.23 Million [+]
Retirement Age Women 58.00 58.00 58.00 58.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Wages High Skilled 2830.00 2830.00 2830.00 2830.00 TRY/Month [+]
Wages Low Skilled 1380.00 1380.00 1380.00 1380.00 TRY/Month [+]
Part Time Employment 2779.80 2407.60 3084.10 1309.60 Thousand [+]
Living Wage Family 3190.00 3070.00 3190.00 2970.00 TRY/Month [+]
Living Wage Individual 1930.00 1820.00 1930.00 1750.00 TRY/Month [+]
Employment Rate 44.30 45.30 47.90 38.90 percent [+]
Full Time Employment 24516.50 25244.20 25938.10 16911.50 Thousand [+]


Turkey Long Term Unemployment Rate
In Turkey, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.