Turkey unemployment rate


Turkey unemployment rate: 8.4 (-1.18%)
Last Update: May 31, 2024

Turkey unemployment rate closed down 8.4 as of May 31, 2024 from 8.5 from the previous month and 9.5 from last year.


Turkey unemployment rate Analytics & Data




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Turkey unemployment rate

DateValues
2024-05-31 8.4
2024-04-30 8.5
2024-03-31 8.6
2024-02-29 8.7
2024-01-31 9
2023-12-31 8.8
2023-11-30 9
2023-10-31 8.6
2023-09-30 9.1
2023-08-31 9.2
2023-07-31 9.4
2023-06-30 9.5
2023-05-31 9.5
2023-04-30 10
2023-03-31 10
2023-02-28 10.1
2023-01-31 9.7
2022-12-31 10.3
2022-11-30 10.2
2022-10-31 10.2
2022-09-30 10.1
2022-08-31 9.8
2022-07-31 10.2
2022-06-30 10.3

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Turkey unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
unemployment ratetr.unemploymentrate8.48.5-1-12DownDown292024-05-31

Turkey unemployment rate Factors

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Turkey unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Turkey unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Turkey unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Turkey unemployment rate

The Turkey unemployment rate refers to the percentage of the labor force that is currently unemployed and actively seeking employment. A high unemployment rate can indicate economic instability and a lack of job opportunities for individuals, leading to financial strain and social issues. On the other hand, a low unemployment rate suggests a healthy economy with ample job opportunities for those seeking employment. Policymakers often use the unemployment rate as a key indicator of the overall health of the economy and may implement strategies to reduce unemployment and stimulate job growth.