Turkey’s unemployment rate rose to 13.0 percent in the March-May 2019 period from 9.6 percent in the same period of the previous year. Although, it was the lowest jobless rate since the October-December period of 2018. Unemployment Rate in Turkey averaged 10.21 percent from 2005 until 2019, 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.

Unemployment Rate in Turkey is expected to be 16.10 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 14.50 in 12 months time. In the long-term, the Turkey Unemployment Rate is projected to trend around 12.90 percent in 2020, according to our econometric models.

Turkey Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-15 07:00 AM Unemployment Rate Jan 14.7% 13.5% 13.8%
2019-05-15 07:00 AM Unemployment Rate Feb 14.7% 14.7% 14.6%
2019-06-17 07:00 AM Unemployment Rate Mar 14.1% 14.7% 14.2%
2019-07-16 07:00 AM Unemployment Rate Apr 13% 14.1% 13.7%
2019-08-15 07:00 AM Unemployment Rate May 13% 13.5%
2019-09-16 07:00 AM Unemployment Rate Jun 14.9%
2019-10-15 07:00 AM Unemployment Rate Jul 15.5%



Turkish Jobless Rate Rises to 13%

Turkey’s unemployment rate rose to 13.0 percent in the March-May 2019 period from 9.6 percent in the same period of the previous year. Although, it was the lowest jobless rate since the October-December period of 2018.

The number of unemployed people rose by 1.116 million from a year ago to 4.202 million while employment dropped by 810 thousand to 28.199 million. 

The non-farm sector lost 481 thousand jobs and the farm sector lost 329 thousand. Meantime, the number of people detached from the labour force advanced by 306 thousand to 31.401 million. The labour force participation rate fell to 52.9 from 53 while the employment rate decreased to 46 percent from 47.9 percent.

The non-agricultural jobless rate increased to 15.0 percent in the March-May period from 11.4 percent in the corresponding period of 2018. 

Youth unemployment rate, measuring job-seekers between 15 and 24 years old, jumped to 23.2 percent from 16.9 percent a year earlier.

On a seasonally adjusted basis, the jobless rate edged up to 13.8 percent in April from 13.7 percent in March.


Turkish Statistical Institute | Rafael Gonzalez | rafael.gonzalez@tradingeconomics.com
7/16/2019 8:45:00 AM



Turkey Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.00 14.10 14.80 7.30 percent [+]
Employed Persons 28199.00 27795.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 4202.00 4544.00 4730.00 1773.00 Thousand [+]
Labor Force Participation Rate 53.10 53.30 53.50 43.90 percent [+]
Long Term Unemployment Rate 2.90 2.60 3.20 1.60 percent [+]
Youth Unemployment Rate 25.20 26.10 28.60 11.00 percent [+]
Labour Costs 188.85 162.92 188.85 56.26 Index Points [+]
Minimum Wages 2558.40 2558.40 2558.40 1.50 TRY/Month [+]
Wages in Manufacturing 183.07 167.61 183.07 25.97 Index Points [+]
Population 80.81 79.81 80.81 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 [+]
Wages Low Skilled 1380.00 1380.00 1380.00 1380.00 TRY/Month [+]
Wages High Skilled 2830.00 2830.00 2830.00 2830.00 TRY/Month [+]
Part Time Employment 2888.30 3079.80 3084.10 1309.60 Thousand [+]
Living Wage Family 3190.00 3070.00 3190.00 2970.00 TRY/Month [+]
Living Wage Individual 1930.00 1820.00 1930.00 1750.00 TRY/Month [+]
Full Time Employment 23669.20 24403.70 25938.10 16911.50 Thousand [+]
Employment Rate 45.80 46.00 47.90 38.90 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
13.00 14.10 14.80 7.30 2005 - 2019 percent Monthly
NSA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 13.00 Apr/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 Jun/19
Indonesia 5.01 Mar/19
Russia 4.40 Jun/19
South Korea 4.00 Jun/19
United Kingdom 3.80 May/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.40 Jun/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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