Turkey Unemployment Rate

Turkey’s unemployment rate rose to 13.0 percent in the March-May 2019 period from 9.6 percent in the same period of the previous year. Although, it was the lowest jobless rate since the October-December period of 2018. Unemployment Rate in Turkey averaged 10.21 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 16.10 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 14.50 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
2019-04-15	07:00 AM	Unemployment Rate	14.7%	13.5%	13.8%
2019-05-15	07:00 AM	Unemployment Rate	14.7%	14.7%	14.6%
2019-06-17	07:00 AM	Unemployment Rate	14.1%	14.7%	14.2%
2019-07-16	07:00 AM	Unemployment Rate	13%	14.1%	13.7%
2019-08-15	07:00 AM	Unemployment Rate		13%	13.5%
2019-09-16	07:00 AM	Unemployment Rate			14.9%
2019-10-15	07:00 AM	Unemployment Rate			15.5%

Turkish Jobless Rate Rises to 13%

Turkey’s unemployment rate rose to 13.0 percent in the March-May 2019 period from 9.6 percent in the same period of the previous year. Although, it was the lowest jobless rate since the October-December period of 2018.

The number of unemployed people rose by 1.116 million from a year ago to 4.202 million while employment dropped by 810 thousand to 28.199 million.

The non-farm sector lost 481 thousand jobs and the farm sector lost 329 thousand. Meantime, the number of people detached from the labour force advanced by 306 thousand to 31.401 million. The labour force participation rate fell to 52.9 from 53 while the employment rate decreased to 46 percent from 47.9 percent.

The non-agricultural jobless rate increased to 15.0 percent in the March-May period from 11.4 percent in the corresponding period of 2018.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, jumped to 23.2 percent from 16.9 percent a year earlier.

On a seasonally adjusted basis, the jobless rate edged up to 13.8 percent in April from 13.7 percent in March.

Turkish Statistical Institute | Rafael Gonzalez | rafael.gonzalez@tradingeconomics.com
7/16/2019 8:45:00 AM

News

Turkish Jobless Rate Rises to 14.1%
Turkey’s unemployment rate fell to 14.1 percent in the February-April 2019 period from 10.1 percent in the same period of the previous year. The number of unemployed people rose by 1.334 million from a year ago to 4.544 million while employment dropped by 704 thousand to 27.795 million.
Published on 2019-06-17

Turkish Jobless Rate Steady at Near 10-Year High
Turkey’s unemployment rate rose to 14.7 percent in the January-March 2019 period from 10.6 percent in the same period of the previous year and remaining the highest jobless rate since the February-April period of 2009.
Published on 2019-05-15

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.
Published on 2019-04-15

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

Turkey Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	13.00	14.10	14.80	7.30	percent	[+]
Employed Persons	28199.00	27795.00	29318.00	18493.00	Thousand	[+]
Unemployed Persons	4202.00	4544.00	4730.00	1773.00	Thousand	[+]
Labor Force Participation Rate	53.10	53.30	53.50	43.90	percent	[+]
Long Term Unemployment Rate	2.60	2.50	3.20	1.60	percent	[+]
Youth Unemployment Rate	25.20	26.10	28.60	11.00	percent	[+]
Labour Costs	188.85	162.92	188.85	56.26	Index Points	[+]
Minimum Wages	2558.40	2558.40	2558.40	1.50	TRY/Month	[+]
Wages in Manufacturing	183.07	167.61	183.07	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	3079.80	2500.70	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	24403.70	25938.10	25938.10	16911.50	Thousand	[+]
Employment Rate	45.80	46.00	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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	13.00	14.10	14.80	7.30	2005 - 2019	percent	Monthly	NSA

Export Data API

Country	Last		Previous	Range
South Africa	27.60	Mar/19	27.1	31.2 : 21.5	%
Spain	14.70	Mar/19	14.45	26.94 : 4.41	%
Turkey	13.00	Apr/19	14.1	14.8 : 7.3	%
Brazil	12.30	May/19	12.5	13.7 : 6.2	%
Argentina	10.10	Mar/19	9.1	20.8 : 5.9	%
Italy	9.90	May/19	10.1	13.1 : 5.8	%
France	8.70	Mar/19	8.8	10.7 : 7.2	%
Euro Area	7.50	May/19	7.6	12.1 : 7.3	%
India	6.00	Dec/18	5	8.3 : 3.53	%
Saudi Arabia	5.70	Mar/19	6	6.3 : 4.35	%
Canada	5.50	Jun/19	5.4	13.1 : 2.9	%
Australia	5.20	May/19	5.2	11.2 : 4	%
Indonesia	5.01	Mar/19	5.34	11.24 : 2	%
Russia	4.40	Jun/19	4.5	14.1 : 4.4	%
South Korea	4.00	Jun/19	4	7.1 : 3	%
United Kingdom	3.80	May/19	3.8	12 : 3.4	%
United States	3.70	Jun/19	3.6	10.8 : 2.5	%
China	3.67	Mar/19	3.8	4.3 : 3.67	%
Mexico	3.50	May/19	3.5	6.42 : 2.22	%
Netherlands	3.30	May/19	3.3	7.9 : 3.3	%
Germany	3.10	May/19	3.1	11.5 : 0.4	%
Japan	2.40	May/19	2.4	5.5 : 1	%
Singapore	2.20	Mar/19	2.2	6 : 1.4	%
Switzerland	2.10	Jun/19	2.3	5.7 : 1.5	%