TODAY’S – One in four job-seekers unable to find work last year

One in four job-seekers unable to find work last yearOne in every four job-seekers was unable to find work last year, according to recent figures from the Turkish Confederation of Employersand#39 Unions (TISK).The number of job-seekers nearly doubled between 2013 and 2014, rising from 906,000 to 1,739,000.

A total of 736,000 of those looking for work were listed as having never before sought employment. By the end of 2014, 1332 million of these 1739 million job-seekers had found jobs, while 408,000 were unable to do so, bringing the total number of unemployed to 2853 million.

While the employment rate rose 28 percent in 2013 and 55 percent last year, the number of those in search of employment outpaced the increase in the labor force, rising 64 percent.However, TISK figures show that around 9 million people were employed informally in Turkey, comprising 35 percent of the total labor force, figures that are slightly higher than the official statistics from the Turkish Statistics Institute (TurkStat).

The official unemployment rate for 2014 was 99 percent, and the figure hovered just above 10 percent for much of last year, while the youth (15-24) unemployment rate was just below 20 percent. The non-agricultural unemployment rate was 12 percent, while the agricultural sector employed around one-fifth of the countryand#39s labor force.

A very high percentage of those with farm jobs had worked on an unregistered, informal basis.

SOURCE: Today’s Zaman