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Turkey sees surge in current account deficit, fall in employment levels: report

Turkey’s current account deficit leapt to $4.06 billion in November, central bank data showed on Monday, exceeding a poll forecast of $3.7 billion as...

Turkey’s unemployment rate falls slightly in third quarter of 2020

Turkey’s unemployment rate decreased by 0.8 percent year-on-year and stood at 13.2 percent in the third quarter of 2020, while the number of people...

Turkish ban on layoffs keeps lid on jobless but labor participation languishes: report

Turkey’s labor participation rate languished at 47.6 percent in May as a coronavirus lockdown weighed, while a ban on layoffs saw the unemployment rate...

Turkish parliament allows Erdoğan to extend layoff ban until July 2021: report

Turkey’s parliament on Thursday approved a law allowing President Recep Tayyip Erdoğan to extend a layoff ban imposed to combat the economic impact of...

Turkish unemployment eased to 12.8 pct in April despite pandemic

Turkey's unemployment rate fell to 12.8 percent in April from 13.2 percent a month earlier, according to data released on Friday which analysts have...

Easing unemployment in March raises eyebrows in Turkey: report

Turkey’s unemployment rate eased to 13.2 percent in March from 13.6 percent in February, data indicated on Wednesday, but analysts said the figures do...

Turkey’s February unemployment dips to 13.6 percent: report

Turkey's unemployment rate fell 1.1 percent to 13.6 percent in February year-on-year, according to data published on Monday, the Xinhua news website reported. The figure represents the...

1 out of every 4 İstanbul residents has become jobless during coronavirus pandemic

Since the outbreak of the novel coronavirus pandemic in Turkey on March 11, many people have lost their jobs, particularly those in İstanbul, where one out...

Turkey’s unemployment edges higher in January to 13.8 pct

Turkey's unemployment rate ticked up to 13.8 percent in January from 13.7 percent a month earlier, data showed on Friday, suggesting joblessness will remain high as...

Turkish opposition says unemployment numbers higher than announced

Turkey’s main opposition party has claimed that the country’s unemployment rate was around 17 percent in December, instead of the 13.7 percent that was announced by...

Turkey’s unemployment grew slightly in December despite economic recovery: report

Turkey's unemployment rate rose to 13.7 percent in December from 13.3 percent a month earlier, official data showed on Tuesday, despite a pick-up in growth as...

Turkey’s unemployment edged down in November: report

Turkey's unemployment rate edged down to 13.3 percent in November from 13.4 percent a month earlier, official data showed on Monday, reflecting a limited reaction to...

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