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Unemployment in Turkey

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Unemployment is the leading problem for every economy.Unemployment is a problem that occurs when a person who is actively searching for employment is unable to find work. Unemployment is most importance issue for economy.The method of measure unemployment rate is the which is the number of unemployed people divided by the number of people in the labor force.Unemployment is harmful because it imposes cost on society.

The cost of unemployement can be categorised 3 headings; first of all social cost of unemployement;many of the longer-term unemployed become bored,lose their friends and suffer from depression.Secondly;the cost of both voluntary and involuntary unemployement to the exchequer is more readily quantifiable than the social cost.And third so far as the economic cost is concerned,unemployement represents a waste of resources and means that the economy is producing a lower rate of output than it could do if there were full employment.

Some people in Turkey are unemployed despite being in the working age and desire. Unemployment brings with it both economic and social negative consequences in terms of the individual and the society in which he lives. In this respect, unemployment is a matter that is closely related to individuals and society. the unemployed and the importance of adequate social unemployed population yet a lack of economic security in Turkey is further increasing.

In Turkey, the population in the age 15 and above are considered to be active and of these housewives, students, retired, elderly or sick, seasonal workers and so on. outside the workforce. In 2015, the total labor force in Turkey and their 29 million 621 thousand in the number of unemployed was 3 million 057 thousand people. The ratio of the unemployed population to the workforce (unemployment rate) was 10.3% .

Age groups with the highest unemployment rate among unemployment rates according to age groups are age groups 15-19 and 20-24. The age group with the lowest unemployment rate is 65+ age group. In addition, this indicator is of great importance in terms of where to focus labor market policies and policies to facilitate the entry of young people into the labor market.

Turkey has a young population with the problem of unemployment most affects teenagers. Unemployed people are particularly concentrated in the 20-24 age group after education and military service, and for the first time job seekers are an important issue. About one third of the total unemployed population in Turkey is the 15-24 age group. It is possible to state that the country’s economy can not use its young population and that this population remains idle.

Turkey has a young population it is a most important advantage compared to many other countries. However, due to not create of jobs in this young population,the youth unemployme t rate reached a high level of 18.5%.

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Unemployment in Turkey. (2019, January 28). GradesFixer. Retrieved November 29, 2020, from https://gradesfixer.com/free-essay-examples/unemployment-in-turkey/
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Unemployment in Turkey [Internet]. GradesFixer. 2019 Jan 28 [cited 2020 Nov 29]. Available from: https://gradesfixer.com/free-essay-examples/unemployment-in-turkey/
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