Turkey lags behind with its labor force

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Turkey lags behind with its labor force
Oluşturulma Tarihi: Mayıs 14, 2009 00:00

ANKARA -Turkey, with its labor force participation rate of 45.8 percent, ranks at the bottom of an employment statistics list created by the Organization for Economic Cooperation and Development, or OECD.

In addition to 30 OECD countries, the list also includes Brazil, China and Russia. The OECD countries’ average employment rate is 66.7 percent, according to the annual report, which reveals economic and social statistics of the countries based on 2007 data. The report shows that Turkey has the highest unemployment rate among adults between the ages of 15 and 64. While Turkey’s labor force participation suffers at around 45.8 percent, the employment rate in many other OECD countries stands at around 60 percent.

The rate of employment increase in Turkey is also below average, according to the report. Following China, Turkey ranks second with its low employment rate increase. Turkey, which has the lowest women employment rate, also had a very low employment rate of those between the ages of 25 to 54. On the other hand, when it comes to self-employment, Turkey ranks second, just after China, according to the report. Self-employment in Turkey presents more employment opportunities to women compared to any other country, the report stated. Meanwhile, Turkey continues to show a bad performance in research and development and investments as well. The number of those interested in information technology is also reported to be quite low.

Health issues

Turkey also seems to be lagging behind most other countries when it comes to health issues. Turkey ranks second in a list of countries with the highest population increase due to lack of birth control. Mexico ranks first on that list. On the other hand, when it comes to immigration-based population increase, Australia, Canada, Luxembourg and the United States take the lead. Turkey is also among the countries with a high fertility rate among people between the ages of 15 to 49. However, Turkey will start aging in the upcoming years. More than 17 percent of the population is at or over 65 years old based on the 2007 data, according to the OECD statistics. This rate is expected to reach 18.4 percent in 2010, 22.9 percent in 2020, 32 percent in 2030, 44.8 percent in 2040 and 55.2 percent in 2050.
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