Turkish Employment Agency was unable to conceal the government’s rosy picture of the economy. The figures revealed that unemployment has worsened for university graduates and those aged 50 and over. Whilst the number of registered jobseekers rose by 1.57 per cent in August, job placements fell by 14.29 per cent. A significant proportion of citizens were unable to claim unemployment benefit.
As the countdown to the New Medium-Term Programme continues, the economic administration has increased credit, subsidy and financing support for industry and exporters. Whilst new measures are being taken to address the costs of capital, workers are once again being asked to ‘be patient’.
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