Turkey Jobless Rate Rises to 13.9% in July


Turkey's unemployment rate rose to 13.9 percent in July 2019 from 10.8 percent in the same period of the previous year.

The number of unemployed increased by 1,065 thousand from a year earlier to 4.60 million in July, while employment declined by 748 thousand to 28.52 million. The non-farm sector lost 618 thousand jobs, and the farm sector shed 130 thousand to jobs. Meanwhile, the number of people detached from the labour force increased by 511 thousand to 28.39 million. The labour force participation rate edged down to 53.8 percent from 54.0 percent a year earlier and the employment rate decreased to 46.4 percent from 48.2 percent.

The non-agricultural jobless rate jumped to 16.5 percent in July from 12.9 percent in the previous year.

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, also rose to 27.1 percent from 19.9 percent in the same month a year ago. 

By genders, the jobless rate was higher for both men (12.5 percent from 9.1 percent a year ago) and women (16.7 percent vs 14.3 percent).

On a seasonally adjusted basis, the unemployment rate increased to 14.3 percent in July from 14.0 percent in June, the highest on record.

Turkey Jobless Rate Rises to 13.9% in July


Turkish Statistical Institute | Agna Gabriel | agna.gabriel@tradingeconomics.com
10/15/2019 9:40:04 AM