Turkey Unemployment Rate

Turkey's unemployment rate surged to 14.7 percent in December 2018-February 2019 from 10.8 percent in the same period of the previous year. This was the highest jobless rate since the February-April period of 2009, as the number of unemployed people increased 36.9 percent while employment fell 3.1 percent. The labor force participation rate edged up to 52.2 percent from 52.1 percent last year. Unemployment Rate in Turkey averaged 10.14 percent from 2005 until 2019, reaching an all time high of 14.80 percent in February of 2009 and a record low of 7.30 percent in June of 2012.

Unemployment Rate in Turkey is expected to be 14.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Turkey to stand at 15.10 in 12 months time. In the long-term, the Turkey Unemployment Rate is projected to trend around 12.90 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-01-15	07:00 AM	Unemployment Rate	11.6%	11.4%	11.50%
2019-02-15	07:00 AM	Unemployment Rate	12.3%	11.6%	11.7%
2019-03-15	07:00 AM	Unemployment Rate	13.5%	12.3%	12.4%
2019-04-15	07:00 AM	Unemployment Rate	14.7%	13.5%	13.8%
2019-05-15	07:00 AM	Unemployment Rate		14.7%	14.6%
2019-06-17	07:00 AM	Unemployment Rate			14.2%
2019-07-16	07:00 AM	Unemployment Rate			13.7%

Turkish Jobless Rate Climbs to Near Decade High

Turkey's unemployment rate surged to 14.7 percent in December 2018-February 2019 from 10.8 percent in the same period of the previous year. This was the highest jobless rate since the February-April period of 2009.

The number of unemployed jumped 1.26 million from a year earlier to 4.67 million in the three months to February, while employment decreased 872 thousand to 27.16 million. The non-farm sector lost 526 thousand jobs, mainly in the construction sector; and the farm sector lost 345 thousand jobs. Meanwhile, the number of people detached from the labour force increased 270 thousand to 29.19 million. The labour force participation rate edged up to 52.2 percent from 52.1 percent a year earlier and the employment rate went down to 44.5 percent from 46.4 percent.

The non-agricultural jobless rate climbed to 16.8 percent in the December-February period from 12.7 percent in the previous year.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, also rose sharply to 26.7 percent from 19.9 percent in the same month a year ago.

On a seasonally adjusted basis, the unemployment rate rose to 13.3 percent in January from 12.7 percent in December.

Turkish Statistical Institute | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/15/2019 7:39:38 AM

News

Turkish Jobless Rate Jumps to 13.5%in December
Turkey's unemployment rate increased to 13.5 percent in December 2018 from 10.4 percent in the same month of the previous year.
Published on 2019-03-15

Turkish Jobless Rate Jumps to 12.3%
Turkey's unemployment rate increased to 12.3 percent in November 2018 from 10.3 percent in the same month of the previous year.
Published on 2019-02-15

Turkish Jobless Rate Rises to 11.6% in October
The Turkish unemployment rate increased to 11.6 percent in October 2018 from 10.3 percent in the same month of the previous year.
Published on 2019-01-15

Turkish Jobless Rate Rises to 11.4% in September
The Turkish unemployment rate increased to 11.4 percent in September of 2018 from 10.6 percent in the same month of the previous year.
Published on 2018-12-17

Turkey Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	14.70	13.50	14.80	7.30	percent	[+]
Employed Persons	27157.00	27655.00	29318.00	18493.00	Thousand	[+]
Unemployed Persons	4668.00	4302.00	4668.00	1773.00	Thousand	[+]
Labor Force Participation Rate	52.90	53.10	53.50	43.90	percent	[+]
Long Term Unemployment Rate	2.50	2.30	3.20	1.60	percent	[+]
Youth Unemployment Rate	26.70	24.50	28.60	11.00	percent	[+]
Labour Costs	162.85	166.66	166.66	56.26	Index Points	[+]
Minimum Wages	2558.40	2558.40	2558.40	1.50	TRY/Month	[+]
Wages in Manufacturing	167.74	166.50	167.74	25.97	Index Points	[+]
Population	80.81	79.81	80.81	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 Low Skilled	1380.00	1380.00	1380.00	1380.00	TRY/Month	[+]
Wages High Skilled	2830.00	2830.00	2830.00	2830.00	TRY/Month	[+]
Part Time Employment	2500.70	2946.30	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	[+]
Full Time Employment	25938.10	25328.80	25938.10	16911.50	Thousand	[+]
Employment Rate	45.90	46.30	47.90	38.90	percent	[+]

In Turkey, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Turkey Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	14.70	13.50	14.80	7.30	2005 - 2019	percent	Monthly	NSA

Export Data API

Country	Last		Previous	Range
South Africa	27.10	Dec/18	27.5	31.2 : 21.5	%
Turkey	14.70	Jan/19	13.5	14.8 : 7.3	%
Spain	14.45	Dec/18	14.55	26.94 : 4.41	%
Brazil	12.40	Feb/19	12	13.7 : 6.2	%
Italy	10.70	Feb/19	10.5	13.1 : 5.8	%
Argentina	9.10	Dec/18	9	20.8 : 5.9	%
France	8.80	Dec/18	9.1	10.7 : 7.2	%
Euro Area	7.80	Feb/19	7.8	12.1 : 7.3	%
Saudi Arabia	6.00	Dec/18	6	6.3 : 4.35	%
Canada	5.80	Mar/19	5.8	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.00	Mar/19	4.9	11.2 : 4	%
Russia	4.70	Mar/19	4.9	14.1 : 4.5	%
United Kingdom	3.90	Feb/19	3.9	12 : 3.4	%
China	3.80	Dec/18	3.82	4.3 : 3.8	%
South Korea	3.80	Mar/19	3.7	7.1 : 3	%
United States	3.80	Mar/19	3.8	10.8 : 2.5	%
India	3.53	Dec/18	3.52	8.3 : 3.41	%
Mexico	3.30	Feb/19	3.6	6.42 : 2.22	%
Netherlands	3.30	Mar/19	3.4	7.9 : 3.3	%
Germany	3.10	Feb/19	3.2	11.5 : 0.4	%
Switzerland	2.50	Mar/19	2.7	5.7 : 1.5	%
Japan	2.30	Feb/19	2.5	5.5 : 1	%
Singapore	2.20	Dec/18	2.1	6 : 1.4	%