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European view on the WORLD => on Geopolitical REGIONS => Topic started by: Jory on November 18, 2014, 03:20:47 PM



Title: Turkey: Jobless Youngsters almost Double. Growth Less than Half of the Past
Post by: Jory on November 18, 2014, 03:20:47 PM
Turkey : Youth Unemployment almost Doubles. But Growth Falls less than Half, of what it was in the Past...


Suddenly, the number of Jobless Youngsters in Turkey became almostt 2 Times Higher than before, jumping from 12 % last July up to 18,9 %, i.e. on August 2014, it was announced nowadays. Meanwhile, General Unemployment in Turkey augmented to 10,1%, affecting almost  3 Millions of People (2.944.000).

Moreover, meanwhile, Growth sharply fell into far Less than a Half of what it was in the Past, droping from +4,7% Down to only +2,1 %.

Apparently, in addition to a wide-spread recent trend for Foreign Capital to Return Back from formerly "emerging" Economies with Cheap Labour but Weak Economy, as Turkey, towards the Metropoles, such as the EU, USA, etc., it seems that, in the particular case of Turkey, Foreign Investors didn't appreciate ... the only "Innovation" ever made around Turkey during the recent Years : I.e. the creation of Extremist Islamic Terrorists of ISIS' atrocious BeHeaders, notoriously based at the Turkish Borders, through which they've received Arms, Money, Supplies and even Recruits !...