April 16, 2024

Labour Force Statistics in Türkiye, February 2024

Seasonally adjusted unemployment rate realized as 8.7%

According to Household Labour Force Survey; the number of unemployed persons aged 15 years old and over decreased by 109 thousand to 3 million 78 thousand persons in February 2024 compared to the previous month. As the unemployment rate estimated 8.7% with decreased by 0.3 percentage point compared to the previous month; it was estimated 7.3% for men and 11.3% for women.

Seasonally adjusted employment rate realized as 49.3%

The number of employed persons increased by 147 thousand to 32 million 423 thousand persons in February 2024 compared to the previous month. The employment rate occurred as 49.3% with increased by 0.2 percentage point. In addition, this rate was 66.5% for men, 32.5% for women.

Seasonally adjusted labour force participation rate realized as 54.0%

The number of persons in the labour force realized as 35 million 501 thousand persons with increased by 38 thousand persons in February 2024 compared to the previous month. Labour force participation rate was 54.0% without any change. Also this rate was 71.7% for men, it was 36.6% for women.

Seasonally adjusted youth unemployment rate was 15.6%

The youth unemployment rate in the 15-24 age group was 15.6% with decreased by 0.8 percentage point compared to the previous month. While this rate was estimated 13.4% for men and 19.6% for women.

Seasonally adjusted main labour force indicators, 15+ age, February 2024

 

February 2024 Previous month Difference with the previous month
Total Male Female Total Male Female Total Male Female
(Thousand)
Population 15 years and over 65 763 32 547 33 216 65 726 32 529 33 197 37 18 19
Labour force 35 501 23 337 12 164 35 463 23 286 12 177 38 51 -13
Employment 32 423 21 633 10 789 32 276 21 510 10 766 147 123 23
Unemployment 3 078 1 703 1 374 3 187 1 777 1 411 – 109 -74 -37
Not in the labour force 30 263 9 210 21 053 30 263 9 243 21 020 0 -33 33
(%)
Labour force participation rate 54.0 71.7 36.6 54.0 71.6 36.7 0.0 0.1 -0.1
Employment rate 49.3 66.5 32.5 49.1 66.1 32.4 0.2 0.4 0.1
Unemployment rate 8.7 7.3 11.3 9.0 7.6 11.6 -0.3 -0.3 -0.3
Youth unemployment rate
(15-24 age)
15.6 13.4 19.6 16.4 14.1 20.8 -0.8 -0.7 -1.2

Figures in table may not add up to totals due to rounding.
In accordance with the seasonal adjustment method, estimates for previous months are published after being revised.

Seasonally and calendar adjusted average weekly actual working hours was 43.5

Seasonally and calendar adjusted average weekly actual working hours of persons at work during the reference period estimated 43.5 hours with increased by 0.2 hours compared to the previous month in February 2024.

Seasonally adjusted composite measure of labour underutilization rate realized as 24.5%

In February 2024, the rate of composite measure of labour underutilization consisting of time-related underemployment, potential labour force and unemployment was 24.5% with decreased by 1.9 percentage point compared to the previous month. While combined rate of time-related underemployment and unemployment realized as 16.3%, combined rate of unemployment and potential labour force estimated as 17.6%.

The next release on this subject will be on May 10, 2024.


Source: Turkish Statistical Institute (TurkStat)
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