Long term unemployment in Turkey linked to economic cycles, reversible with policies.
The study analyzed the Turkish economy from 2000 to 2012, focusing on how the labor market affects prices. They found that price changes are more influenced by how fast the economy is growing rather than its overall size. During economic downturns, long-term unemployment in Turkey increases, but this trend can be reversed with policies that create more jobs. Overall, the study suggests that long-term unemployment in Turkey is linked to economic cycles and can be reduced with the right strategies.