Seasonally adjusted unemployment rate realized as 10.1%
According to Household Labour Force Survey; the number of unemployed persons aged 15 years old and over increased by 120 thousand to 3 million 482 thousand persons in September 2022 compared to the previous month. As the unemployment rate estimated 10.1% with 0.3 percentage point increase compared to the previous month; it was estimated 8.8% for men and 12.8% for women.
Seasonally adjusted employment rate realized as 47.6%
The number of employed persons decreased by 54 thousand to 30 million 867 thousand persons in September 2022 compared to the previous month. The employment rate occurred as 47.6% with 0.1 percentage point decrease. In addition, this rate was 65.0% for men, 30.6% for women.
Seasonally adjusted labour force participation rate realized as 52.9%
The number of persons in the labour force realized as 34 million 349 thousand persons with 67 thousand persons increase in September 2022 compared to the previous month. Labour force participation rate was 52.9% without any change. Also this rate was 71.3% for men, it was 35.0% for women.
Seasonally adjusted youth unemployment rate was 19.6%
The youth unemployment rate in the 15-24 age group was 19.6% with 1.2 percentage point increase compared to the previous month. While this rate was estimated 16.5% for men and 25.4% for women.
Seasonally adjusted main labour force indicators, 15+ age, September 2022
Seasonally and calendar adjusted average weekly actual working hours was 44.0
Seasonally and calendar adjusted average weekly actual working hours of persons at work during the reference period estimated 44.0 hours without any change compared to the previous month in September 2022.
Seasonally and calendar adjusted average weekly actual working hours, September 2020-September 2022
Seasonally adjusted composite measure of labour underutilization rate realized as 20.3%
In September 2022, the rate of composite measure of labour underutilization consisting of time-related underemployment, potential labour force and unemployment was 20.3% with 0.4 percentage point increase compared to the previous month. While combined rate of time-related underemployment and unemployment realized as 14.0%, combined rate of unemployment and potential labour force estimated as 16.7%.
Seasonally adjusted supplementary labour force indicators, September 2020-September 2022
The next release on this subject will be on November 15, 2022.
Source: TÜİK Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.