Labour Input Indices, Quarter I: January-March, 2019
Employment index decreased by 8.6 %
Calendar adjusted employment index including industry, construction, trade-services sectors decreased by 8.6% in the first quarter of 2019 compared with the same quarter of the previous year. When sub-sectors are examined; industrial sector decreased by 4.4%, construction sector decreased by 26.4% and trade-services sector decreased by 6.9%.
Seasonally and calendar adjusted employment index decreased by 2.1% compared with the previous quarter. When sub-sectors are examined; industrial sector decreased by 1.6%, construction sector decreased by 10.0% and trade-services sector decreased by 0.7%.
Hours worked index decreased by 9.9%
Calendar adjusted hours worked index including industry, construction, trade-services sectors decreased by 9.9% in the first quarter of 2019 compared with the same quarter of the previous year. When sub-sectors are examined; industrial sector decreased by 5.8%, construction sector decreased by 29.4% and trade-services sector decreased by 7.6%.
Seasonally and calendar adjusted hours worked index decreased by 2.2% compared with the previous quarter. When sub-sectors are examined; industrial sector decreased by 1.0%, construction sector decreased by 10.6% and trade-services sector decreased by 1.1%.
Gross wages-salaries index increased by 14.6%
Calendar adjusted gross wages-salaries index including industry, construction, trade-services sectors increased by 14.6% in the first quarter of 2019 compared with the same quarter of the previous year. When sub-sectors are examined; industrial sector increased by 17.1%, construction sector decreased by 5.2% and trade-services sector increased by 16.3%.
Seasonally and calendar adjusted hours worked index increased by 6.0% compared with the previous quarter. When sub-sectors are examined; industrial sector increased by 5.9%, construction sector increased by 1.9% and trade-services sector increased by 6.7%.
Calendar adjusted labour input indices, 2016-2019
[2015=100]
Hourly labour cost index increased by 27.1%
Calendar adjusted hourly labour cost index including industry, construction, trade-services sectors increased by 27.1% in the first quarter of 2019 compared with the same quarter of the previous year. When sub-sectors are examined; industrial sector increased by 24.3%, construction sector increased by 34.9% and trade-services sector increased by 25.5%.
Seasonally and calendar adjusted hourly labour cost index increased by 8.1% compared with the previous quarter. When sub-sectors are examined; industrial sector increased by 6.5%, construction sector increased by 13.4% and trade-services sector increased by 7.8%.
Hourly earnings index increased by 27.2%
Calendar adjusted hourly earnings index including industry, construction, trade-services sectors increased by 27.2% in the first quarter of 2019 compared with the same quarter of the previous year. When sub-sectors are examined; industrial sector increased by 24.3%, construction sector increased by 34.3% and trade-services sector increased by 25.8%.
Seasonally and calendar adjusted hourly earnings index increased by 8.4% compared with the previous quarter. When sub-sectors are examined; industrial sector increased by 7.0%, construction sector increased by 14.0% and trade-services sector increased by 7.9%.
Hourly labour cost excluding earnings index increased by 26.5%
Calendar adjusted hourly labour cost excluding earnings index including industry, construction, trade and services sectors increased 26.5% in the first quarter of 2019 compared with the same quarter of the previous year. When sub-sectors are examined; industrial sector increased by 24.6%, construction sector increased by 38.0% and trade-services sector increased by 24.1%.
Seasonally and calendar adjusted hourly labour cost excluding earnings index increased by 6.7% compared with the previous quarter. When sub-sectors are examined; industrial sector increased by 4.3%, construction sector increased by 10.3% and trade-services sector increased by 7.2%.
Calendar adjusted hourly labour cost indices, 2016-2019
[2015=100]
Labour input and cost indices and percentage changes, Quarter I: January-March, 2019
[2015=100]
The next release on this subject will be on August 28 2019.
__________________________________________________________________________________
EXPLANATIONS
Calendar effect has not been observed in employment and gross wages-salaries index. Therefore. unadjusted series are used instead of calendar adjusted series.
Source: TÜİK
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
