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, as the number of unemployed went up by 266 thousand to 3,670 thousand and employment rose 490 thousand to 29,318 thousand. The labour force participation rate went up to 54.3 percent in August from 53.7 percent a year ago. Unemployment Rate in Turkey averaged 10.07 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.

Turkey Unemployment Rate
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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.

The number of unemployed went up by 266 thousand from a year earlier to 3,670 thousand in August, and employment rose 490 thousand to 29,318 thousand. Meanwhile, the number of people detached from the labour force decreased by 24 thousand to 27,745 thousand. The participation rate went up to 54.3 percent in August from 53.7 percent a year ago, and employment rate advanced to 48.3 percent from 48 percent.

The non-agricultural jobless rate inched up to 13.2 percent in August from 12.8 percent in the previous year. The non-farm sector added 745 thousand jobs, namely industry and services while the farm sector lost 256 thousand jobs and the number of construction workers also declined. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, edged up to 20.8 percent from 20.6 percent in the same month a year ago. 

On a seasonally adjusted basis, the unemployment rate rose to 11.2 percent in August from 11.0 percent in July.
 


Turkish Statistical Institute l Chusnul Ch Manan | chusnul@tradingeconomics.com
11/15/2018 7:18:56 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-09-17 07:00 AM Unemployment Rate 10.2% 9.7% 9.1%
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 11.1% 11.1%


Turkey Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.10 10.80 14.80 7.30 percent [+]
Employed Persons 29318.00 29265.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 3670.00 3531.00 3985.00 1773.00 Thousand [+]
Labor Force Participation Rate 53.50 53.20 53.50 43.90 percent [+]
Long Term Unemployment Rate 2.30 2.30 3.20 1.60 percent [+]
Youth Unemployment Rate 19.90 19.40 28.60 11.00 percent [+]
Labour Costs 153.67 147.86 153.67 56.26 Index Points [+]
Wages 2207.00 1512.00 2207.00 1103.00 TRY/Month [+]
Wages in Manufacturing 162.01 155.68 162.01 25.97 Index Points [+]
Minimum Wages 2029.50 1777.50 2029.50 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 [+]


Turkey Unemployment Rate

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
11.10 10.80 14.80 7.30 2005 - 2018 percent Monthly
NSA




Country Last
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.90 Sep/18
Turkey 11.10 Aug/18
Italy 10.10 Sep/18
Argentina 9.60 Jun/18
France 9.10 Jun/18
Euro Area 8.10 Sep/18
Saudi Arabia 6.00 Jun/18
Canada 5.80 Oct/18
Indonesia 5.34 Jun/18
Australia 5.00 Oct/18
Russia 4.50 Sep/18
United Kingdom 4.10 Sep/18
South Korea 3.90 Oct/18
China 3.82 Sep/18
Netherlands 3.70 Oct/18
United States 3.70 Oct/18
Mexico 3.60 Sep/18
India 3.52 Dec/17
Germany 3.40 Sep/18
Switzerland 2.40 Oct/18
Japan 2.30 Sep/18
Singapore 2.10 Sep/18


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