Unemployment Decreased Numerically and Proportionally in July

Labor Force Statistics for July 2022 has been announced by TURKSTAT. While the seasonally adjusted unemployment rate was 10,1 percent, the number of employed reached 30 million 608 thousand people, and the employment rate was 47,3 percent. Eleman.net General Manager Özlem Demirci Duyarlar said, “We had previously predicted that the unemployment rate would decrease slightly with the opening of the tourism season. The figures released reveal this. When we look at the results, we saw that unemployment decreased by 113 thousand people compared to the previous month and decreased by 0,3 points.

Turkey Labor Force Statistics July 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 decreased by 2022 thousand in July 2022 compared to June 113 and became 3 million 445 thousand. While the unemployment rate decreased by 0,3 points to 10,1 percent, it was estimated that the unemployment rate was 8,6 percent for men and 13,1 percent for women. Looking at the employment rates, it was noted that employment decreased by 2022 thousand people in July 148 compared to the previous month and fell to 30 million 608 thousand people, while the employment rate was 0,3 percent with a 47,3 decrease. The employment rate was 64,6% for men and 30,3% for women. Speaking on TUIK July 2022 data, Eleman.net General Manager Özlem Demirci Duyarlar said, “July data was as we predicted. When we look at the August data of Eleman.net, we observe that job postings increased by 51 percent and job applications increased by 10,5 percent. The highest number of advertisements was published by the Service with 17,68 percent and by the Food-Restaurant sectors with 14,71 percent. Production-Manufacturing, Logistics Merchandising / Retailing and Textile sectors follow. When we look at these data, we can see similar results with July in terms of unemployment and employment in the August data of TUIK," he said.

Youth unemployment declines

TURKSTAT reported that seasonally adjusted employment rate was 47,3 percent and labor force participation rate was 52,6 percent. In July 2022, the workforce decreased by 262 thousand people compared to the previous month and became 34 million 52 thousand people, while the labor force participation rate decreased by 0,5 percentage points to 52,6 percent. The labor force participation rate was 70,7 percent for men and 34,9 percent for women. Eleman.net General Manager Özlem Demirci Duyarlar pointed out that the seasonally adjusted unemployment rate among the young population is 19,1 percent and said, “The unemployment rate among the young population covering the 15-24 age group has reached 0,8 percent with a 19,1 percentage point decrease compared to the previous month. We see it fall. The unemployment rate in this age group is 24,7 percent, which is higher for women; The unemployment rate for men is at the level of 16,2 percent.

Drawing attention to the statistics on working hours, Duyarlar said, “It is reported that the weekly average actual working time, adjusted for seasonal and calendar effects, is 43,1 hours. Accordingly, the average time in July 2022 decreased by 2022 hours compared to June 1,2. We can think that the calculations in home working models have an effect on this decrease,” he said.