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Fatih Özatay
14 September 2022, Wednesday / Published in Economy

Turkey’s unemployment figures are misleading, just like inflation

On September 12, two essential data for July were announced: Labor force and balance of payments. In summary, the situation is like this: The unemployment rate is still at a high level, in particular, the broadly defined unemployment rate is referred to as the ‘underutilized labor rate.’ On the other hand, the current account deficit
economyinflationTurkeyTurkish economyunemployment
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