Unemployment figures announced

Unemployment figures announced According to TURKSTAT data; The unemployment rate, which was 13.4 percent in the previous period, dropped to 13.2 percent in August. Unemployment was at 14 percent in the same period last year.

The number of unemployed persons above the age of 15 and those children in Turkey decreased by 456 thousand persons compared to the same period last year, during August 2020 was 4 million 194 thousand people. Unemployment rate realized as 13.2 percent with 0.8 percentage point decrease.

According to TURKSTAT data; In the 15-64 age group, the unemployment rate was 13.5 percent with a 0.8 percentage point decrease compared to the same period of the previous year, and the non-agricultural unemployment rate was 15.7 percent with a 1.1 percentage point decrease. In this age group, the employment rate was 48.8 percent with a 2.2 percentage point decrease, and the labor force participation rate was 56.4 percent with a 3.1 percentage point decrease.

Youth unemployment rate is 26.1 percent

The unemployment rate among the young population in the 15-24 age group was 26.1 percent with a decrease of 1.3 points compared to the same period of the previous year, and the employment rate decreased by 3.3 points and became 31.1 percent. In the same period, the labor force participation rate realized as 42.1 percent with a 5.4 percentage point decrease. The rate of those who were neither in education nor in employment reached 30.4 percent, with an increase of 0.3 points compared to the same period of the previous year.

Employment rate dropped by 2.4 points

The number of employed persons decreased by 975 thousand persons to 27 million 554 thousand persons in August 2020 compared to the same period of the previous year, and the employment rate was 43.9 percent with a 2.4 percentage point decrease.

During this period, the number of employed people decreased by 314 thousand in the agricultural sector, 91 thousand in the industrial sector, 717 thousand in the service sector, and 147 thousand in the construction sector. Of the employed, 19.2 percent were in agriculture, 19.8 percent in industry, 6.2 percent in construction, and 54.7 percent in services.

Workforce participation rate is 50.6 percent

The labor force decreased by 1 million 431 thousand people to 31 million 749 thousand people in August 2020 compared to the same period of the previous year, and the labor force participation rate was 50.6 percent with a 3.3 percentage point decrease.

The rate of unregistered workers is 32.9 percent

In the August 2020 period, the ratio of unregistered employees, which shows the share of employees who are not affiliated with any social security institution, in the total employees was 32.9 percent, decreasing by 3.2 points compared to the same period of the previous year. The proportion of informal workers in the non-agricultural sector decreased by 2.8 points compared to the same period of the previous year and became 20.6 percent.