The unemployment rate in Turkey rose to 12.0 percent in July 2021, from last month's three-year low of 10.6 percent, as pandemic-related job supports expired and more people entered the labor force. The number of unemployed increased by 506 thousand from the previous month to 3.902 million and employment levels rose by 125 thousand to 28.730 million. Job gains occurred in the service and agriculture sectors, while employment in industry and construction declined. Meanwhile, the labor underutilization rose to 23.6 percent from 22.4 percent a month earlier; while the youth jobless rate for those aged between 15-24 years was unchanged at 23.1 percent. source: Turkish Statistical Institute
Unemployment Rate in Turkey averaged 10.58 percent from 2005 until 2021, reaching an all time high of 14.40 percent in July of 2020 and a record low of 8 percent in June of 2012. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Unemployment Rate in Turkey is expected to be 11.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Unemployment Rate is projected to trend around 11.60 percent in 2022 and 11.10 percent in 2023, according to our econometric models.