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Monday, October 15, 2007

Turkey Employment July 2007

Working age population in Turkey increased by 880 thousand in the period of between July 2006 and July 2007. The non-institutional civilian population increased by 922 thousand persons and has reached to 73 million 567 thousand persons, while the non-institutional working age civilian population increased by 880 thousand and reached 52 million 581 thousand in July 2007.

Non-agricultural employment increases by 540 thousand

The number of employed persons increased by 490 thousand persons compared to the same period of the previous year and reached to 23 million 747 thousand persons in July 2007. Agricultural employment decreased by 50 thousand persons and non-agricultural employment increased by 540 thousand persons in this period.

Of those who were employed in July 2007, 28.7 % were employed in agriculture, 18.7 % in industry, 6.4 % in construction and 46.2 % in services. Employment in agriculture decreased by 0.8 and industry decreased by 0.3 percentage points while construction employment increased by 0.4 and services employment increased by 0.7 percentage points.

The number of unemployed increased by 45 thousand compared to July 2006 and reached 2 million 296 thousand. The unemployment rate was unchanged at 8.8 %. Unemployment rate was 11.2 % in urban areas and 5.4 % in rural areas.

The labour force participation rate (LFPR) increased to 49.5 % with 0.2 percentage points increase compared to July 2007. The LFPR increased to 72.9 % for males and to 26.7 % for females. LFPR was 46.2 % in urban areas and 55.4 % in rural areas.

As can be seen in the chart below, Turkey is struggling to provide sufficient employment for a very rapidly increasing working age population.

The quantity of employment has increased considerably (in terms of employment creation) over the last 12 months. The decline in both employment and enthusiasm to join the labour force that was produced by last summmers financial crisis is clear to see in the data, as is the subsequent recovery.

A similar picture is evident if we come to look at the unemployment data.

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