10.02.2025 12:03
The Minister of Treasury and Finance, Mehmet Şimşek, stated in his announcement regarding the year 2024 that employment will increase by 984,000 people and the unemployment rate will drop to 8.7%, the lowest level since 2012.
The Minister of Treasury and Finance, Mehmet Şimşek, stated, "In 2024, while employment increased by 984,000 people annually, the unemployment rate decreased by 0.7 points to 8.7%, the lowest level since 2012."
Minister Şimşek shared on his social media account, "Despite the weak performance in external demand and the short-term effects of disinflation in 2024, our economy continued to produce and create employment. After the contraction in the second and third quarters of last year, a strong increase of 3.4% was achieved in the last quarter. Thus, industrial production increased by 0.4% over the year. In 2024, while employment increased by 984,000 people annually, the unemployment rate decreased by 0.7 points to 8.7%, the lowest level since 2012. Thanks to the gains we achieved through the program, the Turkish economy is now much more resilient and significantly stronger in terms of macro-financial stability," he expressed.