employment, workers at a factory

Unemployment in Turkey falls to 12.9%

The number of unemployed people in Turkey fell in the last year by more than 300,000, but youth unemployment exceeds 25%.

Unemployment in Turkey stood at 12.9% of the active population, according to the latest data released today by the Turkish Statistical Institute (TÜİK) for the month of November 2020, representing a decrease of 0.4 points with respect to the data for the same month of 2019, when unemployment in the Eurasian country reached 13.3%.

The TÜİK report points out that the number of unemployed people over 15 years of age fell in the last year by 303,000 until around 4 million last November; the non-agricultural unemployment rate also fell 0.6 points in relation to a year ago, reaching 14.8%. On the other hand, youth unemployment – between 15 and 24 years old – increased by 0.9 points to 25.4%.

The employment rate in Turkey reached 42.9% in the same period; by sectors, 56.2% of the people employed in Turkey in November worked in the services sector; 20.9% in industry, 16.7% in agriculture and 6.2% in construction, says TÜİK. The labor force participation rate reached 68.4% among men and 30.6% among women, with a decrease of 3.2% and 3.3% respectively.

Regarding unregistered employment, corresponding to people who work without being registered in the social security system in their main job, it fell by 4.1 points in the last year to stand at 29.7% in November 2020. In November of the previous year (2019), unemployment in Turkey reached 13.3% of the workforce over 15 years of age, about 4.3 million people in total.