Turkey Unemployed Persons - Forecast

Unemployed Persons in Turkey is expected to be 3100.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Turkey to stand at 3850.00 in 12 months time. In the long-term, the Turkey Unemployed Persons is projected to trend around 3220.00 Thousand in 2020, according to our econometric models.


Turkey Unemployed Persons
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Turkey Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 10.1 9.9 10.4 10.2 10.1 9.5
Employed Persons 28499 29200 29500 30100 29200 34600
Unemployed Persons 3210 3100 3280 2990 3850 3220
Labor Force Participation Rate 53 53.2 53.4 53.2 53.2 54.9
Long Term Unemployment Rate 2.3 2.4 2.3 2.4 2.4 2.8
Youth Unemployment Rate 19 19.9 20.1 18.9 20.2 20
Labour Costs 148 246 250 254 258 285
Wages 2207 2800 2800 2800 3000 3200
Wages in Manufacturing 155 295 300 305 310 340
Minimum Wages 2030 2030 2030 2030 2280 2530
Population 80.81 82.15 82.15 82.15 83.42 84.34
Retirement Age Women 58 58 58 58 58 58
Retirement Age Men 60 60 60 60 60 60
Wages Low Skilled 1380 1480 1480 1480 1550 1600
Wages High Skilled 2830 2950 2950 2950 3100 3200
Part Time Employment 3084 2700 2900 2900 3200 3600
Living Wage Family 2870 2910 2910 2910 2950 3100
Living Wage Individual 1720 1750 1750 1750 1800 1850
Full Time Employment 24246 25700 26100 26100 26400 28600
Employment Rate 47.8 47.1 47.9 48.4 47.1 51