Turkiye's employment index up 3.4% YoY, 0.9% QoQ in Q1 2024: Turkstat

Overall hours worked index increased by 1.5 per cent YoY and decreased by 1.2 per cent QoQ in Q1 2024; the index for the industrial sector decreased by 1.1 per cent YoY and decreased by 2.3 per cent QoQ.

Overall gross wages-salaries index increased by 116.5 per cent YoY and by 29.9 per cent QoQ in the quarter; the index for the industrial sector increased by 115.9 per cent YoY and by 28.7 per cent QoQ, according to a Turkstat release.

Overall hourly labour cost index increased by 98.3 per cent YoY and 32.5 per cent QoQ in Q1 2024; the index for the industrial sector increased by 94.2 per cent YoY and 33 per cent QoQ.

ALCHEMPro News Desk (DS)