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3.1 million new unemployed: Broad-defined unemployment rose to 27.6%!

December 11, 2024
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DİSK-AR Report on the Outlook of Unemployment and Employment (October 2024) Published!

 

  • According to TurkStat, since October 2022, narrow-defined unemployment has fallen from 10.3 % to 8.8 %, while broad-defined unemployment has risen from 20.4 % to 27.6 %!
  • Broad-defined number of unemployed increased by 3.5 million people in the last two years and rose from 7.6 million to 11.2 million.
  • Women’s unemployment rate is the highest in the broad-defined unemployment category: 36.4 %!
  • 86.7 per cent of open unemployed cannot benefit from unemployment insurance.

TURKSTAT’s October 2024 Household Labour Force Survey (HLFS) results were published on 10 December 2024. Seasonally adjusted narrow-defined unemployment rate was 8.8 % and seasonally adjusted broad-defined unemployment rate (idle labour force) was 27.6 %. According to TurkStat, the number of narrow-defined unemployed people aged 15 and over in Turkey (seasonally adjusted) was 3 million 175 thousand in October 2024.

According to the calculation made by DISK-AR based on TURKSTAT data, the number of seasonally adjusted broad-defined unemployed was 11.245 million people in October 2024. The gap between narrow and broad unemployment continues to widen in October 2022, 2023 and 2024. In October 2022, the narrow-defined unemployment rate was 10.3 % and the number of official unemployed was 3.561 million, while the broad-defined unemployment rate was 20.4 % and the number of broad-defined unemployed was 7.658 million.

In October 2023, narrow-defined unemployment rate was 8.5 % and the number of official unemployed was 2 million 975 thousand, while broad-defined unemployment rate was 21.3 % and the number of broad-defined unemployed was 8.151 million. In October 2024, narrow-defined unemployment rate was 8.8 % and the number of official unemployed was 3.175 million, while broad-defined unemployment rate was 27.6 % and the number of broad-defined unemployed was 11.245 million. Although the number of narrow-defined unemployed seems to have decreased by 386 thousand people in the last two years, the number of broad-defined unemployed increased by 3.587 million.

 

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3.1 million new unemployed: Broad-defined unemployment rose to 27.6%!

DİSK-AR Report on the Outlook of Unemployment and Employment (October 2024) Published!   According to TurkStat, since October 2022, narrow-defined...

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