“The Preliminary Working Report on Business Market,” which was prepared after a research launched by experts from IBRD and coordinated by the Treasury Undersecretariat, reflected, once again, the problems in the work life in Turkey.
According to the report, unemployment is gradually rising in Turkey and well-educated people, who should be sought in the labor market, are unemployed. Moreover, wages, led by the minimum wage, are very low. Some points highlighted by the report can be summarized as follows:
•Expanding population has been giving way to unemployment for long years. Because of the slow rate of job openings, employees feel insecure.
•The urgent need for job openings can be more explicitly seen if we take the fact that only 46% of the labor force are employed, into consideration. The average for this rate in EU is 63% and in EU countries having high unemployment rates, such as Spain, this rate is only 55%.
•52% of the labor force in Turkey are not tied to any social security institution.
•There are cases of firing those employees, who are about to attain the right of retirement or not registering the employees so as to refrain from social security payments in Turkey.