Labor Force Statistics for September 2022 has been announced by TURKSTAT. The unemployment rate, which dropped to single digits for the first time in four years with 9,8 in August, rose by 0,3 points to 10,1 percent in September. The number of employed people decreased by 54 thousand in September compared to the previous month and became 30 million 867 thousand people, while the employment rate decreased by 0,1 percentage points to 47,6 percent. Eleman.net General Manager Özlem Demirci Duyarlar said, “The unemployment rate, which has decreased with the participation of young people in the labor force in the past months, has started to rise again with the increase in youth unemployment. However, the increase in the idle labor rate was effective in increasing the unemployment rate to double digits again.
Turkey Labor Force Statistics September 2022 statistics, which are regularly shared by the Turkish Statistical Institute (TUIK), have been announced. According to the results of the Household Labor Force Survey, the number of unemployed persons aged 15 and over increased by 2022 thousand persons in September 2022 compared to August 120 and reached 3 million 482 thousand persons. While the unemployment rate was 8,8% for men, it was estimated to be 12,8 percent for women. Looking at the employment rates, it was observed that the number of employed people decreased by 2022 thousand in September 54 compared to the previous month and reached 30 million 867 thousand people, while the employment rate was recorded as 0,1 percent with a decrease of 47,6 percentage points.
The rate of idle labor increased
According to Turkey Labor Force Statistics September 2022 statistics, the employment rate between the ages of 15-24 was 71,3 percent for men and 30,6 percent for women. Speaking on TÜİK September 2022 data, Eleman.net General Manager Özlem Demirci Duyarlar said, “Until last month, people's participation in the labor force was increasing with both salary improvements and various improvements in the working conditions of the sectors. In fact, in August, the unemployment rate dropped to single digits for the first time in four years. However, as a result of the recession in various sectors and the economic contraction measures in the face of the recession concerns in the world, there were layoffs on the one hand and the labor force participation rate of the people on the other hand. Many sectors are still looking for employees to carry out their business processes, but due to the inflation experienced, people expect better economic conditions, so these searches do not give a positive response.
Youth unemployment is on the rise
TurkStat reported that the employment rate was 47,6 percent and the labor force participation rate was 52,9 percent in September. In September 2022, the workforce increased by 67 thousand people compared to the previous month and reached 34 million 349 thousand people, and the labor force participation rate was 52,9 percent. The labor force participation rate was 71,3 percent for men and 35,0 percent for women. The number of people employed decreased by 2022 thousand in September 54 compared to the previous month and became 30 million 867 thousand people, while the employment rate decreased by 0,1 percentage points to 47,6 percent. While this rate was 65 percent for men, it was 30,6 percent for women. Unemployment rate among the young population, which covers the 15-24 age group, increased by 1,2 percentage points compared to the previous month and was effective in increasing unemployment to double-digit figures again. Eleman.net General Manager Özlem Demirci Duyarlar, regarding the increasing unemployment figures, said, “Last month, Turkstat revised the unemployment rate from 9,6 to 9,8. For this reason, even if unemployment increased by a small number, it rose to double digits again. The labor force participation among the young population until last month gave hope for the decrease in unemployment rates, but the 1,2 point increase in September was of course effective in the formation of double-digit figures again. In addition to this, the fact that the idle labor force rate, which consists of time-related underemployment, potential labor force and unemployed, increased by 0,4 points to 20,3 in September also affected the current figures.
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