The unemployment rate in Turkey decreased to 13.2 percent in August of 2020 from 14 percent in the corresponding month of the previous year. The number of unemployed declined by 456 thousand to 4.194 million, and employment declined by 975 thousand to 27.554 million with job losses registered mainly in industry, agriculture and services. The labour force participation rate dropped to 50.6 percent from 53.9 percent in the same month a year earlier. The youth jobless rate aged between 15-24 years went down to 26.1 percent from 24.8 percent in August of 2019. source: Turkish Statistical Institute

Unemployment Rate in Turkey averaged 10.48 percent from 2005 until 2020, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Unemployment Rate in Turkey is expected to be 18.00 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 15.20 in 12 months time. In the long-term, the Turkey Unemployment Rate is projected to trend around 14.70 percent in 2021 and 12.90 percent in 2022, according to our econometric models.

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Turkey Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
13.20 13.40 14.80 7.30 2005 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-10 07:00 AM May 12.9% 12.8% 14.3%
2020-09-10 07:00 AM Jun 13.4% 12.9% 13.4%
2020-10-12 07:00 AM Jul 13.4% 13.4% 14%
2020-11-10 07:00 AM Aug 13.2% 13.4% 13.8%
2020-12-10 07:00 AM Sep 13.2% 17.4%
2021-01-11 07:00 AM Oct
2021-02-10 07:00 AM Nov
2021-03-10 07:00 AM Dec


News Stream
Turkish Jobless Rate Falls to 13.2% in August
The unemployment rate in Turkey decreased to 13.2 percent in August of 2020 from 14 percent in the corresponding month of the previous year. The number of unemployed declined by 456 thousand to 4.194 million, and employment declined by 975 thousand to 27.554 million with job losses registered mainly in industry, agriculture and services. The labour force participation rate dropped to 50.6 percent from 53.9 percent in the same month a year earlier. The youth jobless rate aged between 15-24 years went down to 26.1 percent from 24.8 percent in August of 2019.
2020-11-10
Turkey Jobless Rate Falls to 13.4% in July
The unemployment rate in Turkey fell to 13.4 percent in July of 2020 from 13.9 percent in the corresponding month of the previous year. The number of unemployed declined by 369 thousand to 4.227 million, and employment decreased by 1.25 million to 27.263 million with job losses registered mainly in agriculture, industry and services. The labour force participation rate dropped to 50.3 percent from 53.8 percent in the same month a year earlier. The youth jobless rate aged between 15-24 years went down to 25.9 percent from 27.1 percent in July of 2019.
2020-10-12
Turkey Jobless Rate Climb to 4-Month High of 13.4%
The unemployment rate in Turkey rose to 13.4 percent in June of 2020 from 13 percent in the same month of the previous year, the highest since February amid the coronavirus crisis. The number of unemployed dropped by 152 thousand to 4.101 million, and employment declined by 1.98 million to 26.513 million with job losses registered mainly in services, industry and agriculture. The labour force participation rate decreased to 49 percent from 53.3 percent in the corresponding month a year earlier. The youth jobless rate aged between 15-24 years increased to 26.1 percent from 24.8 percent in June of 2019.
2020-09-10
Turkey Jobless Rate Rises to 12.9% in May
The unemployment rate in Turkey rose to 12.9 percent in May 2020 from 12.8 percent in the same month of the previous year, amid the coronavirus crisis. The number of unemployed dropped by 331 thousand to 3.826 million, and employment declined by 2.41 million to 25.858 million with job losses registered mainly in services, agriculture and industry. The labour force participation rate decreased to 47.6 percent from 52.9 percent in the corresponding month a year earlier. On the other hand, the youth jobless rate aged between 15-24 years increased to 24.9 percent from 23.3 percent in May 2019.
2020-08-10

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.