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.

Unemployment Rate in Turkey averaged 10.45 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 September of 2020. source: Turkish Statistical Institute

Unemployment Rate in Turkey is expected to be 17.40 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 16.00 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
13.40 12.90 14.80 7.30 2005 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-10 07:00 AM Mar 13.2% 13.6% 15.1%
2020-07-10 07:00 AM Apr 12.8% 13.2% 14.6%
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% 15%
2020-11-10 07:00 AM Aug 16.8%
2020-12-10 07:00 AM Sep 17.4%


News Stream
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 Jobless Rate Lowest in Nearly a Year
The unemployment rate in Turkey edged down to 12.8 percent in April of 2020 from 13 percent a year earlier. This was the lowest jobless rate since May of last year, despite the coronavirus crisis and after the government imposed a three-month ban on layoffs in April to mitigate the impact of the pandemic. The number of unemployed decreased by 427 thousand to 3.775 million, the lowest since September of 2018. Meantime, employment fell by 2.59 million to 25.614 million, the lowest since February of 2015, with job losses registered mainly in services, agriculture and construction. The labour force participation rate also declined to 47.2 percent from 52.9 percent in the same month a year ago, the lowest since August of 2012. On the other hand, the youth jobless rate between aged 15-24 years edged up to 24.4 percent from 23.2 percent in April of 2019.
2020-07-10
Turkey Jobless Rate Drops to 13.2%
The unemployment rate in Turkey dropped to 13.2 percent in March of 2020 from 14.1 percent a year earlier, as the number of unemployed went down by 573 thousand to 3.971 million, the lowest since October of 2018. The non-agricultural unemployment rate fell to 15 percent from 16.1 percent. Meantime, employment declined by 1.66 million to 26.133 million, the lowest since March of 2015, with job losses recorded mainly in agriculture, services and industry. The labour force participation rate declined to 49 percent from 53.4 percent a year earlier, the lowest since December of 2013.
2020-06-10

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.