Youth Unemployment Almost 25 Percent, Informal Labor Increases

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The number of unemployed people aged 15 years old and over increased by 938 thousand to 4 million 253 thousand people in the period of June 2019 in compared to the same period last year, the TurkStat has announced.

The unemployment rate occurred as 13.0 percent with 2.8 percentage point increase. In the same period, non-agricultural unemployment rate occurred as 15.3 percent with 3.2 percentage point increase. While youth unemployment rate including people aged 15-24 was 24.8 percent with 5.4 percentage point increase, the unemployment rate for people aged 15-64 occurred as 13.3 percent with 2.9 percentage point increase.

Employment rate was 46.4 percent

The number of employed people decreased by 802 thousand to 28 million 512 thousand people in the period of June 2019 compared with the same period of the previous year. The employment rate occurred as 46.4 percent with 2 percentage point decrease.

The number of agricultural employment decreased by 232 thousand people and the number of non-agricultural employment decreased by 569 thousand people in this period. According to the distribution of employment by sector; 18.9 percent was employed in agriculture, 19.7 percent in industry, 5.7 percent in construction and 55.7 percent in services. Employment in agriculture decreased by 0.3 percentage point and construction decreased by 1.5 percentage point while industry increased by 0.1 percentage point and services increased by 1.7 percentage points compared with the same period of the previous year.

Labor force participation rate was 53.3 percent

The number of people in the labor force realized 32 million 766 thousand people with 137 thousand people increase in the period of June 2019 compared with the same period of the previous year. labor force participation rate (LFPR) was 53.3 percent with 0.5 percentage point decrease. LFPR for male was 72.4 percent with 1 percentage point decrease and the rate for female was 34.7 percent with 0.1 percentage point increase with the same period of the previous year.

Unregistered employment was 35.2 percent

The ratio of people working without any social security relating to the main job occurred 35.2 percent with 1.2 percentage point increase in the period of June 2019 compared with the same period of the previous year. In the non-agricultural sector, the rate of unregistered employment realized as 23.2 percent with 0.8 percentage point increase compared to the same period of the previous year.

Seasonally adjusted unemployment rate was 13.9 percent

Seasonally adjusted employed people increased by 100 thousand people and occurred 27 million 983 thousand people compared with the previous period. Seasonally adjusted employment rate occurred 45.6 percent with 0.1 percentage point increase.

The number of seasonally adjusted unemployed people increased by 11 thousand to 4 million 532 thousand people in the period of June 2019 compared with the previous period. The unemployment rate was 13.9 percent with 0.1 percentage point decrease.

Labor force participation rate was 52.9 percent

Seasonally adjusted labor force participation rate was 52.9 percent with 0.1 percentage point increase compared with the previous period. According to the number of employment by sector, employment in agriculture increased by 25 thousand people, industry increased by 70 thousand people, construction increased by 12 thousand people while services decreased by 7 thousand people. (HA/VK)

Source: TurkStat