Turkey’s Idle Labor Rate Surge: The ‘Unemployment Paradox’

The Turkish Statistical Institute (TÜİK) released its 2025 Household Labor Force Survey on March 25, 2026, presenting a deeply contradictory picture of the national economy. While the official (narrowly defined) unemployment rate dropped to 8.3%, the lowest level in 21 years, the “composite measure of labor underutilization,” or Turkey’s Idle Labor Rate, surged by 3 … Continue reading Turkey’s Idle Labor Rate Surge: The ‘Unemployment Paradox’