The Employment Monitoring Bulletin based on SGK figures released recently by the Economic Policy Research Foundation of Turkiye (TEPAV) said 37 out of 88 manufacturing sub-sectors recorded a YoY drop in the number of registered wage earners.
Turkiye’s labour-intensive manufacturing sectors are seeing extensive job losses, with the apparel and textile industries alone accounting for over 116,000 layoffs YoY in September, Social Security Institution data revealed.
Thirty seven out of 88 sub-sectors saw a YoY drop in registered wage earners.
Apparel saw the sharpest drop, losing 78,825 employees YoY in September—a drop of 11.8 per cent.
Total registered employment reached 26.15 million in September—up by 2.2 per cent YoY.
The apparel manufacturing sector saw the sharpest decline, losing 78,825 employees YoY in September—a drop of 11.8 per cent. Textile product manufacturing followed with 37,140 job losses YoY.
The country’s total number of active businesses rose by 57,821 over the past year, increasing by 2.6 per cent to 2.28 million in September.
Retail trade recorded the largest increase in business count, adding 36,671 new establishments.
Istanbul remained the province with the largest concentration of businesses, accounting for 26.8 per cent of all establishments, followed by Ankara (7.4 per cent), Izmir (6.7 per cent), Antalya (4.5 per cent), and Bursa (4.2 per cent).
Fibre2Fashion News Desk (DS)
