Thursday , May 19 2022

Unemployment Figures Announced! 266 thousand people increase attention



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The number of those children above the age of 15 and unemployed in Turkey increased by 266 thousand persons compared to the same period last year, during August 2018 was 3 million 670 thousand people. Unemployment rate increased by 0.5 percentage points to 11.1 percent. During the same period; Non-agricultural unemployment rate was estimated at 13.2 percent with 0.4 percentage points increase. Unemployment rate in the young population (15-24 years old) increased by 0.2 percentage points to 20.8 percent, while in the 15-64 age group, this rate increased by 0.6 percentage points to 11.4 percent.

EMPLOYMENT RATE HAS BEEN 48.3 PERCENT

In August 2018, the number of employed persons increased by 490 thousand, compared to the same period of the previous year, to 29 million 318 thousand, while the employment rate rose by 0.3 percentage points to 48.3 percent.

In this period, while the number of employees in the agricultural sector decreased by 256 thousand, the number of employees in non-agricultural sectors increased by 745 thousand. Of those employed, 19.4 percent were employed in agriculture, 19.5 percent in industry, 7.1 percent in construction and 54 percent in services. Compared to the same period of the previous year, the share of agricultural sector in employment decreased by 1.3 points, the share of construction sector decreased by 0.8 points, while the share of industry sector increased by 0.6 points and the share of service sector increased by 1.4 points.

RATE OF PARTICIPATION IN THE BUSINESS

In August 2018, the labor force increased by 756 thousand persons compared to the same period of the previous year and reached 32 million 989 thousand persons while the labor force participation rate increased by 0.6 points to 54.3 percent. According to the comparisons made for the same periods; men's labor force participation rate increased by 0.6 percentage points to 74.1 percent and 0.6 percent in females and 34.9 percent, respectively.

RATIO OF UNDERSTANDED EMPLOYEES HAS BEEN REALIZED AS 34

In August 2018, the ratio of employees without any social security institutions decreased by 1.1 percentage points to 34 percent compared to the same period of the previous year. The percentage of unregistered workers in the non-agricultural sector decreased by 0.1 percentage points compared to the same period of the previous year and became 22.1 percent.

PUBLIC EMPLOYMENT 20.2 PERCENT

According to the data compiled by the Ministry of Treasury and Finance, 2018 III. Total public employment increased by 20.2 percent compared to the same period of 2017 and reached 4 million 296 thousand people. This increase was mainly due to the fact that subcontractors, who had not previously been involved in public employment, were employed as public employees (permanent workers).

SEASONAL EFFECTIVE EMPLOYMENT RATE IS 47.6 PERCENT

Seasonally adjusted employment increased by 151 thousand persons compared to the previous period and estimated as 28 million 891 thousand persons. Employment rate increased by 0.2 percentage points to 47.6 percent.

The seasonally adjusted number of unemployed people increased by 57 thousand persons compared to the previous period and amounted to 3 million 627 thousand people. The unemployment rate rose by 0.2 percentage points to 11.2 percent.

Seasonally adjusted labor force participation rate increased by 0.3 points to 53.5%. According to economic activity, the number of those employed increased by 27 thousand in the industrial sector, 4 thousand in the construction sector and 156 thousand in the service sector, while the agricultural sector decreased by 36 thousand people.

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