According to figures released by the Turkish Statistical Institute (TÜİK – TurkStat), Turkey’s unemployment rate remained at 14.7% in February 2019. This is the highest monthly rate since the it hit 14% in 2009 following the global financial crisis. The figure for the month of February of the previous year was 10.6%. The rate for February 2019 comprises all those of 15 years of age and above, and represents a total figure of unemployed of 4,730,000, an increase of 1,376,000 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 16.9%, and the unemployment rate among the young, which comprises of people aged between 15 and 24, was given as 26.1% in February 2019.
The number of people in the workforce in February 2019 was 27,355 thousand people, some 811 thousand lower than the same month of the previous year. This labour force total was 44.8% of the employable population.
The currently high rate in unemployment is as a result of the on-going economic crisis in Turkey. This figure can be expected to continue to rise significantly in the coming months