According to figures released by the Turkish Statistical Institute (TÜİK – TurkStat), Turkey’s unemployment rate increased to 14.7% in January 2019 from 13.5% in December 2018. This is the ninth consecutive monthly increase from a rate of 9.6% in April 2018, and is the highest monthly rate since the rate hit 14% in 2009 following the global financial crisis. The figure for the month of January of the previous year was 10.8%. The rate for January 2019 comprises all those of 15 years of age and above, and represents a total figure of unemployed of 4,668,000, an increase of 1,259,000 on the figure for the same month of the previous year.
The unemployment rate for people aged between 15 and 64 was given as 15%, the estimated unemployment rate for those outside agriculture was given as 16.8%, and the unemployment rate among the young, which comprises of people aged between 15 and 24, was given as 26.7% in January 2019.
The number of people in the workforce in January 2019 was 27,157 thousand people, some 872 thousand lower than the same month of the previous year. This labour force total was 44.5% of the employable population.
The increase in unemployment is moving up in line with the deepening of the economic crisis facing Turkey. This figure can be expected to continue to rise significantly in the coming months.