Turkish Statistical Institute announced the labor force input indices for the April-June 2023 period.
Accordingly, the employment index in the sum of industry, construction and trade-service sectors increased by 3.3 percent in the second quarter of the year compared to the same period of the previous year. When the sub-sectors are analyzed, the index increased by 0.9 percent in the industrial sector, 10.2 percent in the construction sector and 3.5 percent in the trade-service sectors.
The index of hours worked in the total of industry, construction and trade-service sectors increased by 1.3 percent in the April-June period compared to the same quarter of the previous year. While the index decreased by 0.7 percent in the industrial sector, it increased by 8 percent in the construction sector and 1.3 percent in the trade-service sectors.
Gross wage-salary index increased by 111.1 percent in the second quarter of the year compared to the same quarter of the previous year. The index increased by 104.3 percent in the industrial sector, 126.1 percent in the construction sector and 114.2 percent in the trade-service sectors.
The employment index in the total of industry, construction and trade-service sectors decreased by 0.1 percent in the second quarter of the year compared to the first quarter. When the sub-sectors are analyzed, the index decreased by 0.9 percent in the industry sector, increased by 0.3 percent in the construction sector and 0.4 percent in the trade-service sectors.
Hours worked index across sectors decreased by 0.1 percent in the second quarter compared to the previous quarter. While the index decreased by 0.8 percent in the industrial sector, it increased by 0.4 percent in the construction sector and 0.2 percent in the trade-service sectors.
Gross wage-salary index increased by 12.8 percent in the second quarter compared to the previous quarter. When the sub-sectors are analyzed, the index recorded an increase of 12.3 percent in the industry sector, 11.3 percent in the construction sector and 13.3 percent in the trade-service sectors.
Hourly labor cost and earnings
The hourly labor cost index in industry, construction and trade-service sectors increased by 113.7 percent in the second quarter of the year compared to the same quarter of the previous year. The index increased by 111.8 percent in the industrial sector, 111.7 percent in the construction sector and 116.6 percent in the trade-service sectors.
The hourly earnings index rose 108.3 percent over the same period. When the sub-sectors are analyzed, the index increased by 105.6 percent in the industrial sector, 109.4 percent in the construction sector and 111.4 percent in the trade-service sectors.
The hourly labor cost index, excluding the industry, construction and trade-services sectors, rose 144.4 percent year-on-year in the second quarter. In the index, an increase of 147.2 percent was seen in the industrial sector, 124 percent in the construction sector, and 146.7 percent in the trade-service sectors.
Hourly labor cost index across sectors increased by 10.7 percent in the second quarter of this year compared to the previous quarter. When the sub-sectors are analyzed, the index increased by 9.8 percent in the industry sector, 10.2 percent in the construction sector and 11.6 percent in the trade-service sectors.
The hourly earnings index in the total of industry, construction and trade-services sectors increased by 12.9 percent in the second quarter compared to the previous quarter. The index recorded an increase of 13.2 percent in the industrial sector, 10.8 percent in the construction sector and 13.1 percent in the trade-service sectors.
The hourly labor cost excluding earnings index increased 1.6 percent in the same period. When the sub-sectors are analyzed, it is calculated that the index decreased by 2.7 percent in the industry sector, increased by 7.3 percent in the construction sector and increased by 4.7 percent in the trade-service sectors.
