Turkey Youth Unemployment Rate - Forecast

Youth Unemployment Rate in Turkey is expected to be 21.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Turkey to stand at 21.80 in 12 months time. In the long-term, the Turkey Youth Unemployment Rate is projected to trend around 21.90 percent in 2020, according to our econometric models.


Forecast Data Chart
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Turkey Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 10.8 11.5 11.7 11.9 12.1 11.9
Employed Persons 29265 27800 28200 28600 27900 30700
Unemployed Persons 3531 3620 3430 3320 3570 4010
Labor Force Participation Rate 53.2 53.6 53.6 53.8 53.8 54.9
Long Term Unemployment Rate 2.3 2.4 2.4 2.5 2.5 2.8
Youth Unemployment Rate 19.9 21 21.4 21.6 21.8 21.9
Labour Costs 154 160 165 170 175 215
Wages 2207 2800 3000 3000 3000 3200
Wages in Manufacturing 162 175 180 185 189 215
Minimum Wages 2030 2030 2280 2280 2235 2530
Population 80.81 82.15 83.42 83.42 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 1550 1550 1550 1600
Wages High Skilled 2830 2950 3100 3100 3100 3200
Part Time Employment 3084 2600 2800 2500 2300 3200
Living Wage Family 2870 2910 2950 2950 2950 3100
Living Wage Individual 1720 1750 1800 1800 1800 1850
Full Time Employment 24246 24400 23900 24100 25600 27600
Employment Rate 47.4 47.8 47.8 48 48 50.5