According to the International Labor Organization, a realistic measurement of unemployment should also count the underemployed — those who work less than 40 hours per week but are willing and available to work more hours. People in this category numbered nearly 1.5 million among the 27 million counted as employed in Turkey in late 2020, up from about 600,000 at the beginning of the year.
Summing up those three categories, Turkey’s army of jobless totaled 10.2 million in November, for instance, while the official number stood at about 4 million. The official unemployment rate was about 13%, while the broader calculation brings it up to nearly 29%. With such a big difference at hand, the official rate resonates as a camouflage or a means of depriving the public of the truth.
Read more: https://www.al-monitor.com/originals/2021/03/turkey-unveils-unemployment-data-pandemic-army-of-jobless.html#ixzz6qG0V0eqL
https://www.al-monitor.com/originals/2021/03/turkey-unveils-unemployment-data-pandemic-army-of-jobless.html
Did Erdogan commit economic suicide by sacking central bank chief?
The predicaments of Turkey’s cash-strapped central bank augur a highly challenging period for Erdogan while reducing the visibility range in Turkey’s economy to almost zero.
https://www.al-monitor.com/originals/2021/03/did-erdogan-commit-economic-suicide-sacking-central-bank-chief
Why Erdogan fired Turkey's central bank governor
Sources tell MEE Naci Agbal went against the president's direct instructions on interest rates, and paid the price
https://www.middleeasteye.net/news/turkey-central-bank-chief-fired-why