19 billion for unemployed 9 billion employers

Unemployed The Unemployment Fund, which was established to generate income for the remaining people and provide them with a livelihood until they find a new job, benefits the employer. In the first 6 months of the year, the incentives paid to the employer exceeded twice the amount paid to the unemployed. The total assets of the Unemployment Insurance Fund increased by TL 4,773.3 million in June compared to the previous month. According to data from the Turkish Employment Agency (İŞKUR) Unemployment Insurance Fund Bulletin, the fund’s values ​​and cash assets, which were TL 135 billion TL 154.9 million at the end of May, increased to TL 139 000 million 928.2 million TL at the end of May. of June. According to the information provided in the bulletin, as of July 7, 2023, the fund’s assets amounted to TL 137 billion 778.8 million.

INCENTIVE INCREASES FOR EMPLOYERS

While 18,300,987 people applied for unemployment benefits from March 2002, when the fund came into force, until June 30, 2023, 10,34,502 people were entitled to receive the subsidy. In this context, TL 59,432.8 million were paid from the fund in 21 years to those who deserve it. While the amount of payments made for unemployment benefits in the first 6 months of the year was TL 9.6 billion, the payment made to the employer under support and incentive payments reached TL 19.8 billion in the same period. In 2021, approximately TL 21.7 billion was paid to employers under incentives and support throughout the year, and TL 28.6 billion in all of 2022. For January-June 2023, the support given to employers employers in the field of minimum wage was increased from 100 lira to 400 lira. In this context, it has almost reached 2021 with an incentive of TL 19.8 billion paid to employers in the first 6 months of the year. With the employer support minimum wage increasing to TL500 in July, the full payment to be made at the end of the year is expected to leave 2022 behind.

The incentive paid to employers exceeded 100 billion in 3.5 years

From the bottom The amount paid to the unemployed in the 21 years in which it was implemented was less than the amount paid to the employer in 3.5 years by 45.2 billion lira. While 9.9 million of the 18 million unemployed have applied since the Unemployment Fund was put into use in March 2002, the payment made to these people was 59.4 billion lira. Incentive payments made to the employer in 2020, 2021, 2022 and the first 6 months of 2023 reached 104.6 billion lira. Thus, the incentives paid to employers in 3.5 years became 43.2 percent more than the total salary paid to the unemployed in 21 years.