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Turkish Statistical Institute (TUIK) announced the labor force statistics for April 2021.
According to the data of TURKSTAT, the seasonally adjusted unemployment rate was 13.9 percent in April 2021. The unemployment rate increased by 0.9 percent compared to the same month of the previous year.
Looking at the numbers, the number of unemployed people in Turkey increased by 275 thousand in April 2021 and reached 4 million 511 thousand people.
The number of people employed decreased by 193 thousand people in April 2021 compared to the previous month and became 28 million 56 thousand people, while the employment rate decreased by 0.4 points to 44.2%.
ONE IN EVERY FOUR YOUTH IS UNEMPLOYED
According to the data of TURKSTAT, the seasonally adjusted unemployment rate among the young population aged between 15-24 increased by 0.1 percent and rose to 25.6 percent. The youth employment rate remained at 32 percent.
Looking at these data, it becomes clear that one in four young people in Turkey is unemployed. On the other hand, the labor force participation rate in this age group increased by 0.8 points compared to the previous month and became 43.0%.
ATTRACTIVE LABOR RATE INCREASED TO 27.4 PERCENT
The rate of idle labor force consisting of time-related underemployment, potential labor force and unemployed increased by 1.7 points compared to the previous month and became 27.4% in April 2021. While the combined rate of time-related underemployment and the unemployed was 19.9%, the combined rate of potential workforce and unemployed was 21.9%.