Employment Rate in Turkey decreased to 45.70 percent in October from 45.90 percent in October of 2019. Employment Rate in Turkey averaged 43.43 percent from 2005 until 2019, reaching an all time high of 47.90 percent in December of 2017 and a record low of 38.90 percent in April of 2009. source: Turkish Statistical Institute
Employment Rate in Turkey is expected to be 46.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Turkey to stand at 47.00 in 12 months time. In the long-term, the Turkey Employment Rate is projected to trend around 49.50 percent in 2020, according to our econometric models.