Employment News
Turkey's employed workforce grew 1.7% in July.
According to TÜİK data, the number of salaried employees in Turkey increased by 1.7% year-on-year in July, reaching 16,393,563. While some sectors saw decreases, others like construction and trade-services experienced growth.
Gold Prices Fall Ahead of US Inflation Data
Gold prices opened the week with a decline, influenced by strong US employment data that has reshaped expectations for the Federal Reserve's interest rate policy. Investors are now focused on upcoming US inflation figures.
Turkey's Unemployment Rate Stays Single-Digit; Minister Eyes Growth
Turkey's Minister of Labor and Social Security Vedat Işıkhan stated that unemployment has remained in single digits for 39 months. He also expressed confidence in achieving higher employment levels through coordinated economic management.
Employment refers to the state of being engaged in paid work and is a key economic indicator.
