Turkey's success on a macroeconomic level has been countered by growing unemployment. According to official statistics the number of unemployed has risen from 1.5 million in 2001 to 2.5 million today, but according to the daily Tercüman the real figure is the double. Economy Minister Ali Babacan has admitted that the government has been unable to create jobs for around 700,000
Turks who enter the labour market every year, and Turkish Economy Bank estimates that a fifth of Turkey's youths are unemployed.
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