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reports in
ECONOMY
category
Price of raw milk increases by 49% in a year
he average annual milk equivalent consumption per capita in Turkey was about 253 kilograms in 2022, close to European countries.
18 December 2024
Turkey’s finance minister signals above-inflation raise for minimum wage
Mehmet Şimşek's statements fueled expectations that the government could make a higher increase to the minimum wage.
17 December 2024
Strike bans affected over 200,000 workers in Turkey during Erdoğan's rule
In two decades, the government postponed 21 strikes, affecting over 200,000 workers.
16 December 2024
Metal workers defy Erdoğan’s strike ban after failed negotiations
About 1,500 workers working at several factories continue their strike despite a presidential decree.
16 December 2024
Turkey’s underemployment reaches highest level in nearly four years
The labor underutilization rate has reached 27.6% in October, up by 1.9 points in a month.
11 December 2024
Turkey’s inflation drops slightly to 47.09% in November
The decline fell short of expectations considering the Central Bank’s year-end forecast of 44%.
3 December 2024
Two million children in Turkey in ‘absolute poverty’
This figure means that about one in every 10 children in the country lives in a state of absolute poverty, according to a TEPAV study.
15 November 2024
Murat İnceoğlu
reports
Treasury covered social security premiums for TurkStat personnel, audit finds
While the labor minister complains about opposition municipalities not paying premiums for their personnel, the Court of Accounts report has revealed the Turkish statistical authority also failed to make these payments.
14 November 2024
Murat İnceoğlu
Turkey’s unemployment rate steady at 8.6% in September
The unemployment rate stood at 8.6% and the labor underutilization rate at 25.6%
11 November 2024
Onur Hamzaoğlu
writes
Turkey’s 2025 budget as an indicator of class struggle
The general budget also serves as a document reflecting the state of class struggle in capitalist societies.
2 November 2024
Onur Hamzaoğlu
Economists urge government to base minimum wage raise on actual inflation
Amid signs that the government will likely refrain from a substantial increase, 118 economists have warned in a joint statement that high inflation is making minimum wage earners increasingly vulnerable.
30 October 2024
bianet
explainer
Prospects dim for Turkey's workers ahead of minimum wage raise
The draft budget suggests a 17% hike, aligning with the 2025 year-end inflation forecast, according to an economist. This approach follows the IMF recommendation to adjust the minimum wage based not on past inflation rates but on a future-oriented basis.
25 October 2024
Turkey’s interest rate surpasses inflation for the first time in three years
The Central Bank kept the policy rate unchanged at 50% while the official inflation rate dropped below this rate for the first time in 14 months.
17 October 2024
Hikmet Adal
reports
Layoffs, workplace harassment follow deadly explosion at Sakarya pasta factory
Five workers were killed in the September explosion in the factory in northwestern Turkey. While an investigation into the incident is still underway, the Oba Makarna company has reportedly downsized its quality control department and workers are facing implicit blame for the blast.
15 October 2024
Hikmet Adal
Turkey's labor underutilization rate exceeds 27% in August
While the unemployment rate decreased slightly, the labor underutilization rate increased according to the official figures. The finance minister says the outlook is positive despite challenges.
10 October 2024
At least 152 workers killed on the job in September
The government has disclosed the number of work-related fatalities for the first time in a decade. Its figures were higher than what İSİG could identify.
4 October 2024
Turkey’s inflation exceeds expectations in September
The rising inflation dampens expectations of a central bank interest rate cut in the near future.
3 October 2024
Mesut Çeki
writes
Are couriers dangerous, or is the courier profession itself?
By disregarding the principle of objectivity and honesty in journalism, associating couriers only with negative incidents and treating isolated cases as if they were widespread could create deep distrust in society toward the motorcycle courier profession and those who work in it.
29 September 2024
Mesut Çeki
Hikmet Adal
reports
Minister provides conflicting figures on child worker deaths in vocational education program
While the education minister claimed no incidents caused loss of life in the last two years, contradicting an earlier statement from him, a watchdog organization was able to identify nine fatalities.
21 September 2024
Hikmet Adal
Mesut Çeki
writes
Couriers in Turkey build solidarity and protest networks through digital means
WhatsApp groups, used by hundreds of thousands of couriers to organize solidarity and protests, have become a major worry for employers, who continuously attempt to disrupt these activities.
16 September 2024
Mesut Çeki
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IndustriALL Global Union intervenes in labor dispute at YKK Turkey
After a union managed to organize the majority of the workers, the fastener manufacturer allegedly pressured workers to resign from the union.
6 September 2024
Turkey's inflation rate slows in August, education costs surge
The annual inflation rate was 51.97% according to official statistics while an alternative calculation indicates 90.35%.
3 September 2024
Turkey’s growth slows as increase expected in unemployment
"The government's focus on taming inflation at the expense of wages and purchasing power has backfired," said DİSK-AR.
2 September 2024
Union exposes dangerous conditions at mine owned by ruling party MP
The company dismissed several workers due to union activities.
2 September 2024
Ankara high-speed train station falls far short of passenger guarantees
The 64% shortfall from the target will cost the Treasury over 67 million dollars in the most recet example of public-private partnership projects where actual usage failed to meet guaranteed levels.
29 August 2024
Sausage producer Polonez fined 2 million liras for mass layoff over union activities
The union has said the decision is not enough to solve the situation, demanding the reinstatement of the 145 workers.
28 August 2024
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Fired CarrefourSA workers detained over protest
Workers at a CarrefourSA warehouse have been protesting for better working conditions and the reinstatement of their colleagues.
27 August 2024
Workers protest layoffs at Erzincan gold mine after deadly landslide
Due to the ongoing "uncertainty" following the deadly landslide in February, the mining company reportedly plans to dismiss around 1,800 workers.
22 August 2024
Farmer protests spread across Turkey
Increasing production costs and insufficient crop prices are the primary reasons for the protests that have gained momentum in August.
22 August 2024
Thirteen people killed in landlord tenant disputes in a year in Turkey, says MP
The housing crisis is undermining social harmony, a CHP deputy has warned.
21 August 2024
Mizgin Tabu
reports
Diyarbakır farmers say 'interest rates more lucrative than agriculture'
"The economy minister says they will reduce inflation. Are they planning to do this by impoverishing farmers?” says a farmer.
21 August 2024
Mizgin Tabu
Central Bank keeps policy rate constant
After significant increases in the interest rates for a year, the bank kept the rate unchanged in the last two months.
20 August 2024
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