Turkey’s unemployment rate falls to 12.8% in April-June

The seasonally adjusted unemployment rate climbed to its highest on record at 14 percent. (AFP)
Updated 15 August 2019

Turkey’s unemployment rate falls to 12.8% in April-June

  • Unemployment surged to a decade high of 14.7 percent in the December-February period as economic activity slowed

ISTANBUL: Turkey’s unemployment rate declined to 12.8 percent in the April-June period, data from the Turkish Statistical Institute showed on Thursday, but the seasonally adjusted rate climbed to its highest on record.
Unemployment surged to a decade high of 14.7 percent in the December-February period as economic activity slowed after a currency crisis saw the lira lose nearly 30 percent last year. As a result of the crisis, the economy contracted annually in the last quarter of 2018 and the first quarter of this year.
Year-on-year, unemployment rose 3.1 percentage points to 12.8 percent in the April-June period, the data showed. In the March-May period it stood at 13 percent.
The seasonally adjusted unemployment rate hit 14 percent in the same period, its highest level in the statistical institute’s data going back to 2005.
The non-agricultural unemployment rate was unchanged from a month earlier at 15 percent, the data showed.
The unemployment rate had surged to 14.7 percent in the December-February period, its highest level in a decade.


Saudi labor force figures on the rise before pandemic

Updated 08 July 2020

Saudi labor force figures on the rise before pandemic

  • Trend driven by increase in female employment, but second quarter data will reveal impact of virus on jobs

RIYADH: Saudi unemployment dipped below 12 percent in the first quarter for the first time in four years — but the government data does not reflect the impact of the coronavirus COVID-19 pandemic.

The Labor Force Survey published by the General Authority of Statistics (GASTAT), which was conducted in January 2020, before the pandemic, showed that the total unemployment rate amounted to 5.7 percent in the first quarter, unchanged compared to the first quarter of the previous year.

Regional economies have been hit by the double whammy of the coronavirus and weak oil prices which has forced major employers to lay off staff throughout the Gulf and led to the departure of thousands of expatriate workers.

Last week the International Labor Organization warned the outlook for the global jobs market in the second half of 2020 was “highly uncertain” and that employment was unlikely to return to pre-pandemic levels this year. 

“The estimates have revised upwards considerably the damage done to our labor markets by the pandemic,” said Guy Ryder, ILO director-general.

The Saudi unemployment rate decreased to 11.8 percent in the first quarter of 2020, from 12.5 percent the same period in 2019, and compared to 12 percent in the last quarter of 2019. 

The figures also reflect an increase in the total labor force participation rate to 58.2 percent in the first three months of 2020, a jump of 1.8 percentage points compared to the same period in 2019.

GASTAT said that the stability in the unemployment rate and the increase of labor force participation rate were due to the increase in the number of employees in the survey.

That trend was driven by a decrease in the Saudi female unemployment rate that stood at 28.2 percent in the first quarter of 2020, 2.7 percentage points lower than the last quarter in 2019. 

Meanwhile the Saudi male unemployment rate rose to 5.6 percent, 0.6 percentage points higher than the rate of last quarter in 2019.

The statistics show that there are almost 9.98 million people in employment across the public and private sectors.

About 3.2 million of them are Saudis. The figures exclude workers in the security and military sectors. 

The data also reveal that there are 3.66 million domestic workers in the country, all of them non-Saudis.

The labor market statistics are compiled from two main sources. The first is the labor force survey, which is a household survey that is carried out by GASTAT and provides the most important indicators of the labor market, such as the unemployment and labor force participation rates.

The second source is administrative data which is recorded and updated by government agencies related to the labor market.