Annual Increase: 2.6% More Paid Employees

The Turkish Statistical Institute (TUIK) has released statistics regarding the number of paid employees for the month of October 2023. According to the data, the total number of paid employees in the industry, construction, and trade-service sectors saw a 2.6 percent increase compared to the same month in the previous year.

In October 2023, the number of paid employees in these sectors reached 15 million 277 thousand 929, compared to 14 million 891 thousand 949 in the same period the previous year. The breakdown of the annual changes by sector shows that the number of paid employees decreased by 0.6 percent in the industrial sector, while it increased by 12.2 percent in the construction sector and 2.7 percent in the trade-service sector.

When looking at the monthly changes, the total number of paid employees in these sectors remained the same in October compared to the previous month. However, there were fluctuations within each sector, with a 0.4 percent decrease in the industrial sector, a 0.6 percent increase in the construction sector, and no change in the trade-service sector.

This data provides insight into the current employment trends in these key sectors of the Turkish economy, highlighting both annual and monthly changes in the number of paid employees. These figures will be important for policymakers, businesses, and analysts as they monitor and assess the overall performance of the Turkish labor market.

 

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