In terms of sub-sectors, employment in industrial sector decreased by 0.5 per cent, construction sector increased by 7.4 per cent, while trade-services sector increased by 4.1 per cent.
Turkiye’s employment index rose 3 per cent year-on-year in Q3 2024, with construction up 7.4 per cent and trade-services up 4.1 per cent, though industry fell 0.5 per cent.
Hours worked declined 1.1 per cent overall.
Gross wages-salaries index surged 74.7 per cent YoY, led by trade-services.
Quarterly, employment rose 0.8 per cent and wages-salaries increased 8.8 per cent.
Hours worked index, including industry, construction, trade-services sectors, decreased by 1.1 per cent in the third quarter (Q3) of 2024 compared with the same quarter of the previous year. While industrial sector decreased by 4.1 per cent, construction sector increased by 2.8 per cent and trade-services sector decreased by 0.2 per cent.
Gross wages-salaries index increased by 74.7 per cent year-on-year (YoY) in Q3 2024, with the industrial sector increasing by 73.9 per cent, construction sector by 73.9 per cent and trade-services sector by 75.2 per cent.
Compared with the previous quarter, employment index increased by 0.8 per cent in the third quarter of 2024. When sub-sectors are examined; industrial sector increased by 0.2 per cent, construction sector increased by 1.3 per cent, and trade-services sector increased by 1 per cent, the Turkstat release said.
Gross wages-salaries index increased by 8.8 per cent in Q3 2024 compared with the previous quarter. While industrial sector increased by 8.1 per cent, construction sector increased by 9.3 per cent, and trade-services sector increased by 9.2 per cent.
Fibre2Fashion News Desk (RKS)
