YURTHABER

Employment Falls In All Sectors Of Turkish Economy In Q1

- Employment fell in construction sector, in the first quarter of the year, on quarterly basis, according to the Construction

- Employment fell in construction sector, in the first quarter of the year, on quarterly basis, according to the Construction Labor Input Indices data released by Turkstat on Friday.

Employment also fell in industry, trade and services sectors in the first quarter of the year, on quarterly basis, according to the Trade and Services Indices and Industrial Labor Input Indices data released by Turkstat, on Thursday.

Employment fell by 2.6 percent in the construction sector, compared with the previous quarter in the while employment fell by 12.5 percent on annual basis.

Hours worked in construction sector fell by 3.3 percent compared with the previous quarter, while calendar adjusted hours worked fell by 14.4 percent on annual basis.

On the other hand, gross wages-salaries rose by 0.1 percent in the first quarter, on quarterly basis, while wages fell by 1.5 percent on annual basis.

Employment in trade and services sectors fell by 0.1 percent and industrial employment fell by 0.7 percent in the first quarter, against in the previous quarter, while annual changes were at 1.7 percent up in trade and services and by 0.7 percent up in the industry.

Hours worked in all sectors fell in the first quarter, on quarterly basis, due to decreases in the employment. Hours worked in trade and services sectors fell by 0.3 percent and in industry fell by 0.5 percent, over the same period.

Hours worked in trade and services rose by 1.9 percent and hours worked in industry rose by 0.5 percent in the first quarter of the year on annual basis.

Gross wages-salaries increased by 2.6 percent in trade and services sectors and by 3.3 percent in industry, while rose by 12.3 percent and 13.8 percent respectively in both sectors on annual basis.

Turnover in trade and services increased by 1.5 percent in the first quarter of the year, compared with the previous quarter while turnover rose by 6.0 percent on annual basis.

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