Turkey Unemployment Rate

The Turkish unemployment rate increased to 11.6 percent in October 2018 from 10.3 percent in the same month of the previous year, as the number of unemployed went up 501 thousand to 3.79 million and employment rose 225 thousand to 28.87 million. The labour force participation rate increased to 53.7 percent in October from 53.1 percent a year ago. Unemployment Rate in Turkey averaged 10.08 percent from 2005 until 2018, 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 11.70 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 12.50 in 12 months time. In the long-term, the Turkey Unemployment Rate is projected to trend around 11.90 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-10-15	07:00 AM	Unemployment Rate	10.8%	10.2%	10.7%
2018-11-15	07:00 AM	Unemployment Rate	11.1%	10.8%	11%
2018-12-17	07:00 AM	Unemployment Rate	11.4%	11.1%	11.1%
2019-01-15	07:00 AM	Unemployment Rate	11.6%	11.4%	11.50%
2019-02-15	07:00 AM	Unemployment Rate		11.6%	12.10%
2019-03-15	07:00 AM	Unemployment Rate			11.50%
2019-04-15	07:00 AM	Unemployment Rate			11.70%

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.

The number of unemployed rose 501 thousand from a year earlier to 3.79 million in October, and employment went up 225 thousand to 28.87 million. The non-farm sector added 414 thousand jobs, namely in the industry and services sectors while the number of construction workers declined, and the farm sector lost 187 thousand jobs. Meanwhile, the number of people detached from the labour force decreased 34 thousand to 28.18 million. The participation rate increased to 53.7 percent in October from 53.1 percent a year ago, and the employment rate edged down to 47.5 percent from 47.6 percent.

The non-agricultural jobless rate went up to 13.6 percent in October from 12.3 percent in the previous year.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, also rose to 22.3 percent from 19.3 percent in the same month a year ago.

On a seasonally adjusted basis, the unemployment rate inched up to 11.5 percent in October from 11.3 percent in September.

Turkish Statistical Institute | Chusnul Ch Manan | chusnul@tradingeconomics.com
1/15/2019 11:37:47 AM

News

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

Turkish Jobless Rate Rises to 11.1% in August
The Turkish unemployment rate increased to 11.1 percent in August of 2018 from 10.6 percent in the same month of the previous year.
Published on 2018-11-15

Turkish Jobless Rate Rises to 10.8% in July
The Turkish unemployment rate increased to 10.8 percent in July of 2018 from 10.7 percent in the same month of the previous year.
Published on 2018-10-15

Turkish Jobless Rate Holds Steady at 10.2% in June
The Turkish unemployment rate came in at 10.2 percent in June 2018, unchanged from the previous year's figure.
Published on 2018-09-17

Turkey Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	11.60	11.40	14.80	7.30	percent	[+]
Employed Persons	28870.00	29063.00	29318.00	18493.00	Thousand	[+]
Unemployed Persons	3788.00	3749.00	3985.00	1773.00	Thousand	[+]
Labor Force Participation Rate	53.60	53.40	53.60	43.90	percent	[+]
Long Term Unemployment Rate	2.30	2.30	3.20	1.60	percent	[+]
Youth Unemployment Rate	22.30	21.60	28.60	11.00	percent	[+]
Labour Costs	166.66	153.67	166.66	56.26	Index Points	[+]
Wages	2207.00	1512.00	2207.00	1103.00	TRY/Month	[+]
Wages in Manufacturing	166.50	162.01	166.50	25.97	Index Points	[+]
Minimum Wages	2558.40	2558.40	2558.40	1.50	TRY/Month	[+]
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	2946.30	3084.10	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	25328.80	24245.70	25530.40	16911.50	Thousand	[+]
Employment Rate	47.40	47.40	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 January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	11.60	11.40	14.80	7.30	2005 - 2018	percent	Monthly	NSA

Export Data API

Country	Last		Previous	Range
South Africa	27.50	Sep/18	27.2	31.2 : 21.5	%
Spain	14.55	Sep/18	15.28	26.94 : 4.41	%
Brazil	11.60	Nov/18	11.7	13.7 : 6.2	%
Turkey	11.60	Oct/18	11.4	14.8 : 7.3	%
Italy	10.50	Nov/18	10.6	13.1 : 5.8	%
France	9.10	Sep/18	9.1	10.7 : 7.2	%
Argentina	9.00	Sep/18	9.1	20.8 : 5.9	%
Euro Area	7.90	Nov/18	8	12.1 : 7.3	%
Saudi Arabia	6.00	Jun/18	6.1	6.3 : 4.35	%
Canada	5.60	Dec/18	5.6	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.10	Nov/18	5	11.2 : 4	%
Russia	4.80	Nov/18	4.7	14.1 : 4.5	%
United Kingdom	4.10	Oct/18	4.1	12 : 3.4	%
United States	3.90	Dec/18	3.7	10.8 : 2.5	%
China	3.82	Sep/18	3.83	4.3 : 3.82	%
South Korea	3.80	Dec/18	3.8	7.1 : 3	%
Netherlands	3.60	Dec/18	3.5	7.9 : 3.5	%
India	3.52	Dec/17	3.51	8.3 : 3.41	%
Germany	3.30	Nov/18	3.3	11.5 : 0.4	%
Mexico	3.30	Nov/18	3.2	6.42 : 2.22	%
Switzerland	2.70	Dec/18	2.5	5.7 : 1.5	%
Japan	2.50	Nov/18	2.4	5.5 : 1	%
Singapore	2.10	Sep/18	2	6 : 1.4	%