Turkey’s broad unemployment hits all-time high of 27% in April

By bne IntelliNews June 10, 2024

Turkey’s broad unemployment level reached an all-time high of 27% in April, according to official data from the Turkish Statistical Institute (TUIK, or TurkStat).

The composite underutilised labour rate, which includes time-related underemployment, the potential labour force and unemployment, increased by 3.1 pp to the stated 27.2% figure.

CHART

TUIK’s narrowly defined unemployment rate for April edged down 0.1 pp to 8.5%.

The number of people aged 15 or over officially classified as unemployed decreased by 18,000 from the previous month to 3,042,000.

Related Articles

Uzbekistan Railways pushes development of Central Asia – South Caucasus – Anatolia CASCA+ transit corridor

Uzbekistan Railways has put forward a proposal to establish a consortium to coordinate the activities of the Central Asia –South Caucasus – Anatolia (CASCA+) transit corridor. The matter was ... more

Fourth Coca-Cola bottling plant in Uzbekistan inaugurated, plans for fifth announced

The Coca-Cola Company on May 17 inaugurated its fourth beverage production plant in Uzbekistan. The facility, with three lines for the production of 280mn litres of finished products annually, was ... more

Turkey's YEO to launch solar-plus-storage project in Zambia in partnership with GEI Power

Zambian sustainable energy company GEI Power is partnering with Turkey’s YEO to develop a 60 MW solar plant with a 20 MWh battery energy storage system (BESS) in the Choma district of the ... more

Dismiss