Unemployment Rates Increase in Turkey

Reuters
Reuters
TT
20

Unemployment Rates Increase in Turkey

Reuters
Reuters

The Foundation for Political, Economic and Social Research (SETA) has issued a report revealing an unprecedented increase in the unemployment rate in Turkey during only one year.

The report indicated an annual increase of 68.5 percent in June compared to the same period in 2018, adding that the number of those unemployed has amounted to 4.4 million, up from 2.6 million in June 2018, an increase of 1.8 million.

In its 83rd annual report, which was prepared in cooperation with the Turkish Employment Agency and the Statistical Institute, SETA relied on monitoring registered unemployment only, which does not include unregistered unemployment, such as those who work on a seasonal or daily basis.

According to the report, among people between 15 and 64 years, the number of registered unemployed females rose by 66.1 percent and for males by 71.3 percent.

While among people between 15 and 24 years, the number of registered unemployed females rose by 86 percent and 75.5 percent for males, compared to June 2018.

The increase in the number of unemployed people holding a middle school diploma was the largest among all other categories with 661,000 extra unemployed persons compared to last year.

They were followed by high school graduates with 470,000 while the number of unemployed among those with a university degree increased by 172,000.

It increased by 8,000 among those holding a master's degree and 235 among those who have a doctorate in different majors. Unemployment among university graduates rose by 112 percent.

As for the uneducated, the number of unemployed rose by 119,000.

The agency stated that the Turkish unemployment rate rose in June to 14.3 percent compared with 11 percent in the same month of 2018.

Official data showed that non-agricultural unemployment rose from 3.6 percent to 15 percent during the same period.

Seasonally adjusted employment fell by 74,000 from the previous period, estimated at 28.4 million people, and the number of seasonally unemployed people increased by 7,000 persons, bringing the total number to 4.49 million people.



Berlin Eyes Partnership with Riyadh in Expo 2030, Climate Cooperation, Hydrogen Initiatives

Saudi and German flags fluttering - File Photo/Asharq Al-Awsat
Saudi and German flags fluttering - File Photo/Asharq Al-Awsat
TT
20

Berlin Eyes Partnership with Riyadh in Expo 2030, Climate Cooperation, Hydrogen Initiatives

Saudi and German flags fluttering - File Photo/Asharq Al-Awsat
Saudi and German flags fluttering - File Photo/Asharq Al-Awsat

A senior German official affirmed his country’s commitment to strengthening cooperation with Saudi Arabia across various fields, noting that bilateral trade relations continue to grow steadily, with trade volume reaching around 7 billion Euros.

Speaking to Asharq Al-Awsat, German Ambassador to Saudi Arabia Michael Kindsgrab said: “The sectors driving this growth—chemicals, machinery, and transport—reflect the strong industrial connections we share. These are areas where German expertise is making a real difference in Saudi Arabia’s development.”

He added: “Looking ahead, there is much to be excited about. Expo 2030 is an incredible opportunity for us to further deepen our collaboration, showcase the best of what both Saudi Arabia and Germany have to offer, and inspire future generations to continue building on this remarkable partnership.”

German Ambassador to Saudi Arabia Michael Kindsgrab - Asharq Al-Awsat

Renewable Energy

On climate cooperation, the official said: “As for climate cooperation, we have just launched a relevant study on the Saudi labor market in the renewable energy sector, which was reviewed by the National Labor Observatory and discussed with experts of KAPSARC, KaCare and PSU. This is a great example of our close and meaningful partnership, tackling the challenges of today with an eye on the future.”

Blossoming Relations

Kindsgrab noted that Saudi-German relations are truly blossoming, saying: "I am proud to see our partnership becoming deeper and stronger across so many areas. From a personal perspective, it is inspiring to witness the growing bonds between our two countries. These ties span a wide range of sectors, including energy, transport, architecture, health, education and culture—creating a solid foundation for the future.”

“One of the most exciting aspects of our cooperation is in the area of energy transition. German innovation is at the heart of NEOM’s green hydrogen projects, with Thyssenkrupp Nucera playing a key technological role in making the vision of decarbonization of industry a reality,” he affirmed.

“Beyond energy, we’re also seeing significant progress in transport, where Siemens’ delivery of metro wagons helped to shape the modern infrastructure of Saudi cities. And let’s not forget the impact of German architecture in megaprojects such as King Salman Park or the design of Expo 2030, which I believe will be a landmark event for both our countries, ” added Kindsgrab.

“In the health sector, the collaboration with Charité in Berlin is another example of how our nations are working together to improve lives.”

Accelerated Cultural Cooperation

“And now, I am particularly excited to see the acceleration of cultural cooperation, such as the recently launched museum initiative between the Saudi Museums Commission and the Prussian Cultural Heritage Foundation of Germany,” the German ambassador stressed.

“This cooperation emerged as part of our shared efforts to strengthen people-to-people ties and will play an enriching role for the cultural relations, as it includes a loan program for artworks, joint curatorship and training programs to support talent development,” he concluded.