The number of unemployed persons aged 15 years old and over decreased by 265 thousand to 4 million 237 thousand persons in May in Turkey compared to the previous month, according to the statement.
Seasonally adjusted employment rate realized as 43.8%
The number of employed persons decreased by 216 thousand to 27 million 844 thousand persons in the period of May 2021 compared to the previous month. The employment rate occurred as 43.8% with a 0.4 percentage point decrease.
Seasonally adjusted labor force participation rate realized as 50.5%
The number of persons in the labor force realized as 32 million 81 thousand persons with 481 thousand persons decrease in May 2021 compared to the previous month. The labor force participation rate was 50.5% with a 0.8 percentage point decrease.
The seasonally adjusted youth unemployment rate was 24.0%, the employment rate was 31.9%
The youth unemployment rate in the 15-24 age group was 24.0% with a 2 percentage point decrease compared to the previous month and the employment rate was 31.9% with a 0.1 percentage point increase. The labor force participation rate in this age group realized as 41.9% with 1.1 percentage points decrease compared to the previous month.
55.2% of seasonally adjusted employment was in the services sector
In May 2021, the number of agricultural employment decreased by 312 thousand persons, industry decreased by 57 thousand persons while construction increased by 24 thousand persons, and services increased by 129 thousand persons. According to the distribution of employment by sector; 16.9% was employed in agriculture, 21.3% was employed in industry, 6.6% was employed in construction and 55.2% was employed in services.
Seasonally adjusted composite measure of labor underutilization rate realized as 27.2%
In May 2021, the rate of composite measure of labor underutilization consisting of time-related underemployment, potential labor force, and unemployment was 27.2% with 0.2 percentage point decrease compared to the previous month. While the combined rate of time-related underemployment and unemployment realized as 19.3%, the combined rate of unemployment and potential labor force realized as 21.7%.
Unemployment rate realized as 12.4%, employment rate realized as 43.8%
The unemployment rate realized as 12.4% with a 0.2 percentage point decrease compared to the same month of the previous year. The number of unemployed persons increased by 250 thousand to 3 million 942 thousand persons compared to the same month of the previous year.
The employment rate realized as 43.8% with a 2.8 percentage point increase compared to the same month of the previous year. The number of employed persons estimated as 27 million 841 thousand persons with 2 million 246 thousand persons increase compared to the same month of the previous year.
The labor force participation rate was 50.0% with a 3.1 percentage point increase compared to the same month of the previous year. The number of labor force estimated as 31 million 783 thousand persons with 2 million 496 thousand persons increase compared to the same month of the previous year.
The rate of unregistered employment in the non-agricultural sector was 15.6%
In May 2021, the rate of unregistered employment, which indicates the share of employees who are not affiliated with social security institution in total employment realized as 27.9% with a 1.6 percentage point decrease compared to the same month of the previous year. The rate of unregistered employment in the non-agricultural sector realized as 15.6% with a 1.6 percentage point decrease compared to the same month of the previous year. (ILKHA)