Turkish unemployment expected to rise 12.9% in 2019
Turkey’s unemployment rate is expected to rise from last year’s 11.0% to 12.9% in 2019. However, Finance Minister Berat Albayrak said that they expect it to fall 11.8% in 2020.
On Monday, he added that two-thirds of employment losses in the year were in the construction sector.
Albayrak , when presenting the government’s medium-term economic program, also said that the government aimed to reduce dollarization, open credit channels, deepen capital markets to ensure financial stability.