Labour Force Statistics, May 2020 in Turkey
The number of unemployed persons aged 15 years old and over decreased by 331 thousand to 3 million 826 thousand persons in the period of May 2020 in Turkey compared with the same period of the previous year. The unemployment rate occurred as 12.9% with 0.1 percentage point increase. Non-agricultural unemployment rate occurred as 15.2% with 0.2 percentage point increase.
Employment rate realized as 41.4%
The number of employed persons decreased by 2 million 411 thousand to 25 million 858 thousand persons in the period of May 2020 compared with the same period of the previous year. The employment rate occurred as 41.4% with 4.7 percentage point decrease.
While the number of agricultural employment decreased by 308 thousand persons, industry decreased by 274 thousand persons, construction decreased by 206 thousand persons and services decreased by 1 million 622 thousand persons. According to the distribution of employment by sector; 18.8% was employed in agriculture, 20.4% was employed in industry, 5.2% was employed in construction and 55.6% was employed in services.
Labour force participation rate realized as 47.6%
The number of persons in the labour force realized 29 million 684 thousand persons with 2 million 742 thousand persons decrease in the period of May 2020 compared with the same period of the previous year. Labour force participation rate (LFPR) was 47.6% with 5.3 percentage point decrease.
Non-seasonally adjusted main labour force indicators, 15 + age, (Thousand), May 2019, May 2020
The rate of unregistered employment realized as 29.7%
The ratio of persons working without any social security relating to the main job occurred 29.7% with 4.7 percentage point decrease in the period of May 2020 compared with the same period of the previous year. The rate of unregistered employment realized as 17.4% with 5.4 percentage point decrease in the non-agricultural sector compared to the same period of the previous year.
Public sector employment increased as 4.3%
According to data gathered by Presidency of Strategy and Budget, total public sector employment realized as 4 million 767 thousand persons with 4.3% percentage point increase in the second quarter of 2020 compared to the same period of the previous year.
For 15-64 age group, unemployment rate realized as 13.2% and employment rate realized as 45.9%
For the 15-64 age group, the unemployment rate occurred as 13.2% with 0.1 percentage point increase and non-agricultural unemployment rate occurred as 15.3% with 0.2 percentage point increase compared to the same period of the previous year. In this age group, employment rate occurred as 45.9% with 4.8 percentage point decrease and labour force participation rate occurred as 52.9% with 5.4 percentage point decrease.
Non-seasonally adjusted main labour force indicators, 15-64 age group, (%), May 2019, May 2020
Youth unemployment rate realized as 24.9%, employment rate realized as 26.6%
The youth unemployment rate between aged 15-24 years realized as 24.9% with 1.6 percentage point increase and the youth employment rate realized as 26.6% with 6.8 percentage point decrease compared with the same period of the previous year. In the same period, labour force participation rate realized as 35.4% with 8.2 percentage point decrease. The rate of neither in employment nor in education realized as 29.1% with 5.1 percentage point increase compared with the same period of the previous year.
Non-seasonally adjusted main labour force indicators, 15-24 age group, (%), May 2019, May 2020
Seasonally adjusted unemployment rate realized as 14.0%, employment rate realized as 40.9%
Seasonally adjusted unemployment rate realized as 14.0% with 0.2 percentage point increase. The number of unemployed persons increased by 75 thousand to 4 million 166 thousand persons.
Seasonally adjusted employment rate realized as 40.9% with 0.1 percentage point decrease. The number of employed persons estimated as 25 million 525 thousand persons with 43 thousand persons decrease compared with the same period of the previous year.
Seasonally adjusted labour force participation rate was 47.6% without any change. The number of labour force estimated as 29 million 691 thousand persons with 32 thousand persons increase.
According to the seasonally adjusted number of employment by sectors, employment in agriculture increased by 96 thousand persons and construction increased by 107 thousand persons while industry decreased by 72 thousand persons and services decreased by 174 thousand persons.
Employment by sectors, May 2018 – May 2020
The next release on this subject will be on September 10, 2020.
EXPLANATIONS
In the period of May 2020, results published in this press release includes 14th-26th weeks period including April, May and June 2020.
Source: TurkStat
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.
