Abstract:

Serious problems have arisen in the fields of employment due to the increasing competition among countries in the world, the dizzying speed of technological developments, the occurrence of global or regional crises, and the pandemic in recent years. Even countries that have completed their economic development have faced the problem of unemployment.Countries wanted to take some precautions by creating different policies on this issue, taking into account their economic-cultural-socio-political structures. The policies implemented were not of a nature to ease the labor market and did not contribute to the reduction of unemployment. This situation revealed the hysteresis effect. The fact that the unemployment level does not reach the same level even after the crisis has passed, is called "unemployment hysteresis" and is seen in most economies.In this study; Youth unemployment and general unemployment rates of Turkey's labor market are discussed in the January 2005-January 2022 time period. Extended Dickey Fuller unit root test, which does not consider structural break, and Phillips Perron unit root test, which considers structural break; It was used to test unemployment hysteresis in the Turkish labor market. It was observed that both groups were under the effect of hysteria. It has been determined that general unemployment data contains more hysteria than youth unemployment data. It is predicted that this research will bring a new perspective to the perspective of unemployment in general.

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