OLDER WORKERS AND UNEMPLOYMENT: THE CASE OF TURKIYE

Abstract

Türkiye is a rapidly ageing country as part of the global population trend. The structure of the labour force is changing in terms of age. This study examines the relationship between the labour force participation rate, interest rate and unemployment rate of older workers in Türkiye in the 2006Q1 -2024Q1 period. According to the findings, there is a long-term relationship between the variables. The effects of interest rates and labour force participation rates on the unemployment rate are not statistically significant. In the short run, the unemployment rate three periods ago significantly affects current unemployment levels. Based on these results and considering the findings of previous studies, flexible working models, employer incentives and lifelong learning programmes for older workers have an important place in combating the unemployment rate of older workers in Türkiye.

Keywords

• Ageing Workforce
• Interest Rate
• Labor Participation Rate
• Older Workers
• Unemployment

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