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Erdoğan signs presidential decree to extend lay-off ban for 2 months

As part of the nationwide struggle to limit the impact of the coronavirus pandemic on employment and the economy, Turkey's President Recep Tayyip Erdoğan has inked a presidential decree to extend the lay-off ban for 2 months, according to the Official Gazette.

Reuters ECONOMY
Published December 30,2020
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ERDOĞAN SIGNS PRESIDENTIAL DECREE TO EXTEND LAY-OFF BAN FOR 2 MONTHS

Turkey has extended a ban on lay-offs for two months from Jan. 17, a presidential decree published in the Official Gazette showed on Wednesday.

The ban was introduced this year to limit the impact of the coronavirus pandemic on employment and the economy in general.

President Recep Tayyip Erdoğan has the authority to extend it by at most three months each time until June 30, 2021.

Unemployment dipped to 12.7% in the September period as the economy heated up between the first and second coronavirus waves, according to official data.