The unemployment rate in Turkey fell slightly to 9.1 percent in September 2023 from a 9.2 percent in the previous month, marking the lowest rate since December 2013. The number of unemployed individuals decreased by 46 thousand to 3.168 million and the number of employed population dropped by 59 thousand to 31.686 million. Regarding gender, men had a jobless rate of 7.5 percent but women had a higher rate of 12.3 percent. The labor force participation rate experienced a marginal decrease to 53.2 percent from an upwardly revised 53.4 percent in August and the employment rate stood at 48.3 percent, down from a 48.5 percent. Meanwhile, the youth jobless rate for those aged between 15-24 years was down 0.2 percentage points to 16.7 percent. source: Turkish Statistical Institute
Unemployment Rate in Turkey decreased to 9.10 percent in September from 9.20 percent in August of 2023. Unemployment Rate in Turkey averaged 10.55 percent from 2005 until 2023, reaching an all time high of 14.20 percent in July of 2020 and a record low of 8.00 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 November of 2023.
Unemployment Rate in Turkey decreased to 9.10 percent in September from 9.20 percent in August of 2023. Unemployment Rate in Turkey is expected to be 10.10 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 10.30 percent in 2024 and 10.50 percent in 2025, according to our econometric models.