I confess that I don't know much about Turkey, but I do know...

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    I confess that I don't know much about Turkey, but I do know that in the short run there is a trade-off between inflation and unemployment in the sense that unemployment is inversely proportional to the rate of inflation. Therefore it is possible that due to the covid-19 situation the policy makers in Turkey went for less unemployment at the cost of a further increase in inflation.

    "Turkey's unemployment rate stood at11. 7% in the third quarter of 2021, down 0.4 percentage points from the previous quarter and 1.7 percentage points on an annually basis

    The annual inflation rate in Turkey edged up to 19.89% in October of 2021, the highest since January of 2019,



    https://courses.lumenlearning.com/boundless-economics/chapter/the-relationship-between-inflation-and-unemployment/


 
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