Labor Force Participation Rate in Turkey increased to 49.30 percent in July from 48.60 percent in June of 2020.

Labor Force Participation Rate in Turkey averaged 48.50 percent from 2005 until 2020, reaching an all time high of 53.50 percent in August of 2018 and a record low of 43.90 percent in February of 2006. This page provides the latest reported value for - Turkey Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Labor Force Participation Rate - values, historical data and charts - was last updated on October of 2020. source: Turkish Statistical Institute

Labor Force Participation Rate in Turkey is expected to be 48.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Turkey to stand at 51.70 in 12 months time. In the long-term, the Turkey Labor Force Participation Rate is projected to trend around 52.50 percent in 2021 and 53.20 percent in 2022, according to our econometric models.

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Turkey Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
49.30 48.60 53.50 43.90 2005 - 2020 percent Monthly
SA

Turkey Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.40 13.40 14.80 7.30 percent [+]
Employed Persons 27263.00 26531.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 4227.00 4101.00 4730.00 1773.00 Thousand [+]
Labor Force Participation Rate 49.30 48.60 53.50 43.90 percent [+]
Long Term Unemployment Rate 2.80 3.40 3.60 1.60 percent [+]
Youth Unemployment Rate 25.90 26.10 28.60 11.00 percent [+]
Labour Costs 256.60 221.43 256.60 56.26 points [+]
Minimum Wages 2943.00 2943.00 2943.00 1.50 TRY/Month [+]
Wages in Manufacturing 182.65 221.98 221.98 25.97 points [+]
Population 83.15 82.00 83.15 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 [+]
Part Time Employment 2993.70 3056.00 3084.10 1309.60 Thousand [+]
Employment Rate 42.60 41.60 47.90 38.90 percent [+]
Full Time Employment 22138.90 24516.50 25938.10 16911.50 Thousand [+]


Turkey Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.