Turkish unemployment down at end of 2021
Turkey is in the midst of an economic crisis, marked by historically high inflation. The government has misled the public with its unemployment figures in the past.
Turkey’s labor force participation rate increased slightly at the end of 2021.
The labor force participation rate was 52.9% in December 2021. This constituted a 0.3 percentage-point increase the from previous month, the state-run Turkish Statistical Institute said in a release today.
The labor force participation rate refers to the percentage of the population that is employed or looking for work.
The end of year rate is higher than it was in 2020 at the height of the COVID-19 pandemic. The rate that year was 49.3%, according to statistics from the World Bank.
