The unemployment rate in Turkey increased to 13.3 percent in November 2019 from 12.3 percent in the same month of the previous year, as the number of unemployed rose by 327 thousand to 4.308 million. In addition, employment dropped by 145 thousand to 28.169 million, with job losses recorded in construction and agriculture sectors. The labour force participation rate went down to 52.5 percent from 53 percent a year earlier and the employment rate declined to 45.6 percent from 46.5 percent. Turkey Unemployment Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Unemployment Rate in Turkey averaged 10.34 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. 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. source: Turkish Statistical Institute
Unemployment Rate in Turkey is expected to be 14.70 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 14.00 in 12 months time. In the long-term, the Turkey Unemployment Rate is projected to trend around 13.40 percent in 2021, according to our econometric models.