Topic > The problem of unemployment in Türkiye

Unemployment is the main problem of every economy. Unemployment is a problem that occurs when a person who is actively looking for work cannot find it. Unemployment is the most important problem for the economy. The way to measure the unemployment rate is the number of unemployed divided by the number of people in the labor force. Unemployment is harmful because it imposes costs on society. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay The cost of unemployment can be classified into 3 items; first, the social cost of unemployment: many long-term unemployed people get bored, lose friends and suffer from depression. Secondly, the cost to the exchequer of both voluntary and involuntary unemployment is more easily quantifiable than the social cost. Thirdly regarding the economic cost, unemployment represents a waste of resources and means that the economy is producing a lower rate of output than it could if there were full employment. Some people in Türkiye are unemployed despite being of working age and desire. Unemployment brings with it negative economic and social consequences in terms of the individual and the society in which he lives. In this sense, unemployment is an issue closely linked to individuals and society. the unemployed and the importance of an adequate population of the socially unemployed, but the lack of economic security in Türkiye is further increasing. In Turkey, the population aged 15 years and above is considered to be active and of these housewives, students, pensioners, elderly or sick people, seasonal workers and so on. outside the workforce. In 2015, the total workforce in Türkiye and the number of unemployed amounted to 29 million 621 thousand people. The ratio of unemployed population to labor force (unemployment rate) was 10.3%. The age groups with the highest unemployment rate among the unemployment rates by age groups are the 15-19 and 20-24 age groups. The age group with the lowest unemployment rate is those over 65. Furthermore, this indicator is of great importance in terms of where to focus labor market policies and policies to facilitate the entry of young people into the labor market . Turkey has a young population and the unemployment problem especially affects teenagers. The unemployed are particularly concentrated in the 20-24 age group after studies and military service, and for the first time job seekers are an important issue. About a third of the total unemployed population in Türkiye belongs to the 15-24 age group. It is possible to say that the country's economy cannot utilize its young population and that this population remains idle. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay Turkey has a young population is a very important advantage compared to many other countries. However, due to the lack of job creation among this young population, the youth unemployment rate has reached a high level 18.5%.