Unemployment Was 12.9 Percent In The First Quarter Of 2021!

In the first three months of this year, the seasonal and calendar adjusted unemployment rate in Turkey was recorded as 12.9 percent.

In the first quarter of 2021, unemployment was recorded as 12.9 percent. In the first quarter of 2021, unemployment in Turkey has been announced as 12.9 percent with an increase of 0.1 percent in the coronavirus process, where layoffs are prohibited. The number of unemployed has increased by 142 thousand people compared to the previous quarter and recorded as 4 million 118 thousand people. In the first quarter of 2021, the rate of idle labor force consisting of time-dependent underemployment and potential labor force unemployed reached 27.8 percent with an increase of 1.0 points compared to the previous quarter. While the integrated rate of underemployment and unemployed due to time was announced as 19.3 percent, the integrated rate of potential labor force and unemployed was recorded as 22.1 percent. The seasonally adjusted unemployment rate for the youth aged 15-24 was 25.3 percent with an increase of 0.2 percentage points in the first three months of 2021, and the seasonally adjusted employment rate was 30.6 percent with an increase of 0.9 percentage points. . The seasonally adjusted labor force participation rate in this age group, on the other hand, increased by 1.3 points compared to the previous quarter and reached 41.0 percent. While the number of seasonally adjusted employed persons increased by 627 thousand persons to 27 million 725 thousand persons in the first quarter of 2021 compared to the previous quarter, the seasonally adjusted employment rate realized as 43.8 percent with an increase of 0.8 points.

Average Working Hours Per Week Announced as 42.7

Seasonally and calendar adjusted employed ones, the number of employed persons increased by 1 million 451 thousand persons in the first quarter of 2021 compared to the previous quarter, to 26 million 482 thousand persons. While the weekly average actual working hours of those at work decreased by 1.2 hours compared to the previous quarter and announced as 42.7 hours, the total weekly hours worked was recorded as 1 billion 131 million 864 thousand hours with an increase of 32 million 699 thousand hours compared to the previous quarter.     Source: Bloomberg HT