Türkiye’s paid employment rises annually but dips monthly in March
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Güneşli
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Güneşli
Türkiye’s labor market showed a modest annual uptick in paid employment, with a 0.6% increase in March 2025 compared to the previous year, according to the Turkish Statistical Institute (TurkStat).
The data, released Thursday, highlights a workforce of 15.32 million paid employees across industry, construction, and trade-services sectors, up from 15.22 million in March 2024.
The trade-services sector led the growth, posting a robust 2.7% annual rise. However, the industrial sector saw a 2.6% decline, and construction employment remained flat, reflecting ongoing challenges like high input costs and global demand fluctuations.
Month-on-month, the picture was less rosy. Paid employment fell by 0.2% from February to March 2025, with industry and construction both down 0.7%, while trade-services eked out a slight 0.1% gain.
Analysts attribute the annual gains to a resilient service economy but warn that industrial and construction sectors face persistent headwinds. The mixed data underscores the delicate balancing act for policymakers tackling growth, inflation, and job creation amid macroeconomic uncertainties. (ILKHA)
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Türkiye’s annual consumer inflation fell by 3.1 percentage points to 29.8 percent, with the disinflation process spreading across most major categories, Treasury and Finance Minister Mehmet Şimşek said.
Türkiye's goods exports reached a record high for October, rising 8.1% year-on-year to $25.9 billion, Trade Minister Ömer Bolat said on Tuesday, as the country's annualized exports surpassed the government's target.
Türkiye’s goods exports increased by 8.1 per cent in October compared with the same month last year, reaching $25.9 billion and marking the highest export figure ever recorded for the month of October. The country’s annualised goods exports also climbed to a historic high of $285.6 billion.
Türkiye's annual consumer price inflation rose to 29.77% in October, while monthly inflation stood at 2.58%, according to data released by the Turkish Statistical Institute (TurkStat) on Tuesday.
