Turkey Unemployment Rate

Turkey's unemployment rate increased to 13.5 percent in December 2018 from 10.4 percent in the same month of the previous year, as the number of unemployed went up 1.01 million to 4.30 million and employment decreased 633 thousand to 27.66 million. The participation rate was unchanged at 52.4 percent in December and the employment rate went down to 45.4 percent from 46.9 percent. Unemployment Rate in Turkey averaged 10.12 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 11.40 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
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	12.3%	11.6%	11.7%
2019-03-15	07:00 AM	Unemployment Rate	13.5%	12.3%	12.4%
2019-04-15	07:00 AM	Unemployment Rate		13.5%	13.8%
2019-05-15	07:00 AM	Unemployment Rate			13.6%
2019-06-17	07:00 AM	Unemployment Rate			11.7%

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.

The number of unemployed rose 1.01 million from a year earlier to 4.30 million in December, while employment decreased 633 thousand to 27.66 million. The non-farm sector lost 258 thousand jobs, namely in the construction sector, while job growth was recorded in both industry and services sectors. In addition, the farm sector lost 375 thousand jobs. Meanwhile, the number of people detached from the labour force increased 276 thousand to 28.99 million. The participation rate was unchanged at 52.4 percent in December and the employment rate went down to 45.4 percent from 46.9 percent.

The non-agricultural jobless rate went up to 15.6 percent in December from 12.3 percent in the previous year.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, also rose to 24.5 percent from 19.2 percent in the same month a year ago.

On a seasonally adjusted basis, the unemployment rate rose to 12.7 percent in December from 12.1 percent in November.

Turkish Statistical Institute | Chusnul Ch Manan | chusnul@tradingeconomics.com
3/15/2019 9:55:29 AM

News

Turkish Jobless Rate Jumps to 12.3%
Turkey's unemployment rate increased to 12.3 percent in November 2018 from 10.3 percent in the same month of the previous year.
Published on 2019-02-15

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.
Published on 2019-01-15

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

Turkey Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	13.50	12.30	14.80	7.30	percent	[+]
Employed Persons	27655.00	28314.00	29318.00	18493.00	Thousand	[+]
Unemployed Persons	4302.00	3981.00	4302.00	1773.00	Thousand	[+]
Labor Force Participation Rate	53.10	53.40	53.50	43.90	percent	[+]
Long Term Unemployment Rate	2.50	2.30	3.20	1.60	percent	[+]
Youth Unemployment Rate	24.50	23.60	28.60	11.00	percent	[+]
Labour Costs	162.85	166.66	166.66	56.26	Index Points	[+]
Wages	2207.00	1512.00	2207.00	1103.00	TRY/Month	[+]
Wages in Manufacturing	167.74	166.50	167.74	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	2500.70	2946.30	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	25938.10	25328.80	25938.10	16911.50	Thousand	[+]
Employment Rate	46.40	46.90	48.00	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 March of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	13.50	12.30	14.80	7.30	2005 - 2018	percent	Monthly	NSA

Export Data API

Country	Last		Previous	Range
South Africa	27.10	Dec/18	27.5	31.2 : 21.5	%
Spain	14.45	Dec/18	14.55	26.94 : 4.41	%
Turkey	13.50	Dec/18	12.3	14.8 : 7.3	%
Brazil	12.00	Jan/19	11.6	13.7 : 6.2	%
Italy	10.50	Jan/19	10.4	13.1 : 5.8	%
Argentina	9.10	Dec/18	9	20.8 : 5.9	%
France	8.80	Dec/18	9.1	10.7 : 7.2	%
Euro Area	7.80	Jan/19	7.8	12.1 : 7.3	%
India	6.10	Dec/18	3.52	8.3 : 3.41	%
Saudi Arabia	6.00	Sep/18	6	6.3 : 4.35	%
Canada	5.80	Feb/19	5.8	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	4.90	Feb/19	5	11.2 : 4	%
Russia	4.90	Feb/19	4.9	14.1 : 4.5	%
United Kingdom	3.90	Jan/19	4	12 : 3.4	%
China	3.80	Dec/18	3.82	4.3 : 3.8	%
United States	3.80	Feb/19	4	10.8 : 2.5	%
South Korea	3.70	Feb/19	4.4	7.1 : 3	%
Mexico	3.60	Jan/19	3.4	6.42 : 2.22	%
Netherlands	3.40	Feb/19	3.6	7.9 : 3.4	%
Germany	3.20	Jan/19	3.3	11.5 : 0.4	%
Switzerland	2.70	Feb/19	2.8	5.7 : 1.5	%
Japan	2.50	Jan/19	2.4	5.5 : 1	%
Singapore	2.20	Dec/18	2.1	6 : 1.4	%