The Turkish Statistical Institute (TÜİK) reported internally conflicting labor statistics for July, the second month in a row where the employment rate and unemployment rate both dropped. Part of the conflicting statistics is caused by TÜİK's exclusion of unemployed workers who gave up the job search out of despair from its data.
Turkey's unemployment rate rose to 13.4 percent. and participation edged up in the May-July period in which a coronavirus lockdown was lifted and a ban on layoffs remained in place, data showed on Sept. 10, painting a clearer picture of the pandemic's fallout.
Number of unemployed people in Turkey higher than populations of 109 countries, says main opposition CHP
Turkey's main opposition CHP has disputed the official unemployment statistics, saying that the country's actual unemployment rate stands at 30.6 percent which corresponds to over 10.5 million people. CHP spokesperson Faik Öztrak has said that this number of unemployed people is higher than the populations of 109 countries.
Turkish Statistical Institute (TÜİK) data revealed that seasonally adjusted unemployment in May rose by 0.2 percent from May 2019. Some 4,166,000 people reported unemployment in May.
Finance Minister Berat Albayrak said that Turkey was an exception to the global financial crisis emerging in the aftermath of the COVID-19 pandemic. The minister said that Turkey has been outperforming other countries in "all measures of economic success."
Opposition İYİ Party leader Meral Akşener has slammed President Recep Tayyip Erdoğan's financial policies, accusing him of personally being responsible for the worst decade of Turkish unemployment in the country's history. The opposition leader also criticized the Turkish Statistical Institute (TÜİK) for narrowly defining unemployment, only to count individuals who made job applications in the last four weeks.
A recent report by the Organization for Economic Co-operation and Development (OECD) revealed Turkey as the leading member country for the portion of youth who are both unemployed and out of school. This number was revealed to be 26.7 percent in February in data from the Turkish Statistical Institute (TÜİK).
Former deputy Finance Minister Ali Babacan's Democracy and Progress Party (DEVA) said that the Turkish Statistical Institute's (TÜİK) March unemployment data didn't reflect the reality of mass layoffs during the COVID-19 pandemic and was inconsistent. The TÜİK data showed a dip in unemployment from 2019, as well as a decrease in employment and workforce participation rates.
Broadly defined unemployment in Turkey has reached 39 percent according to the Confederation of Progressive Trade Unions of Turkey (DİSK). The union disputed recently revealed official unemployment rate of 13.2 percent. DİSK claimed that only those looking for a job for a period of four weeks as unemployed were reflected in the official numbers.
A public accountants' union warned that the COVID-19 outbreak could lead to the unemployment of some 10,000,000 persons. The union's report also noted that the service industry has essentially stopped entirely and that more than half of the workers could have become unemployed.
Today Turkey’s crisis is not only a health crisis followed by the coronavirus outbreak and an economic crisis triggered by it. Rather, it is a health crisis and an economic crisis triggered by it, on the top of an already ongoing economic crisis due to foreign currency debts of non-financial corporations. Cookie cutter applications of what may work elsewhere will not work in Turkey.
The unemployment rate among Turkey's young population, ages 15 to 24, has surged to 25 percent in December of 2019, higher than the past six years' rates, the Turkish Statistical Institute (TÜİK) revealed March 10. The average unemployment rate has also risen from 2018 to reach 13.7 percent.