DİSK-AR announced! The broadly defined number of unemployed increased by 1.5 million in the last year

DİSK-AR announced!  The broadly defined number of unemployed increased by 1.5 million in the last year

DİSK-Ar published the Unemployment and Employment Outlook Report (February 2024). According to the report, while the narrowly defined unemployment rate was 3 million 98 thousand people in December 2023, there was an explosion in the broadly defined unemployment rate. Broadly defined unemployment increased by 1 million people monthly and 1.5 million people annually, reaching 9.7 million people in total.

TÜİK’s December 2023 Household Labor Force Survey (HIA) results were published on February 12, 2024. The seasonally adjusted narrowly defined unemployment rate was 8.8 percent, and the seasonally adjusted broadly defined unemployment rate (idle labor force) was 24.7 percent.

EXPLOSION IN BROADLY DEFINED UNEMPLOYMENT NUMBER

According to the calculation made by DİSK-AR using TÜİK data, the broadly defined number of unemployed, adjusted for seasonal effects, exploded in December 2023 and reached 9 million 656 thousand people. Although there was a decrease in the narrowly defined number of unemployed both annually and monthly, the broadly defined number of unemployed increased by 1 million monthly and 1.5 million annually. The broadly defined number of unemployed people, which was 8.1 million in December 2022, reached 8.7 million in November 2023 and 9.7 million in December 2023.

According to the report, it was stated that the reason for the increase in the broadly defined number of unemployed people is the increase in the number of potential workforce, including time-related underemployment and desperate people, those who are not looking for a job but are ready to work, and those who are looking for a job but cannot start working immediately.

NARROW AND BROAD DEFINITION UNEMPLOYMENT DIFFERENCE 15.9

In the report, which stated that broadly defined unemployment was back to the pandemic days, it was announced that the difference between narrowly and broadly defined unemployment was 15.9 points. In the report, it was announced that the broadly defined unemployment rate was 24.7 percent and the broadly defined female unemployment was 33.2 percent.

The report also stated that approximately 90 percent of the officially unemployed cannot receive unemployment benefits.



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