Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Business
  • Automotive
  • Economy
  • Energy
  • Finance
  • Tourism
  • Tech
  • Defense
  • Transportation
  • News Analysis

Employment in Turkish accommodation, food sector at peak in May

by Daily Sabah with AA

ISTANBUL Jul 15, 2024 - 3:27 pm GMT+3
A restaurant within a municipal facilitiy in northern Samsun province, Türkiye, July 9, 2024. (IHA Photo)
A restaurant within a municipal facilitiy in northern Samsun province, Türkiye, July 9, 2024. (IHA Photo)
by Daily Sabah with AA Jul 15, 2024 3:27 pm

The number of paid employees in the accommodation and food services sector in Türkiye exceeded 1.3 million as of May, reaching the highest level ever recorded, according to a report Monday.

At the same time, the number of paid employees in the industrial, construction, trade and service sectors reached a record high of 15.67 million in May, according to the data compiled by Anadolu Agency (AA) from the Turkish Statistical Institute (TurkStat).

In comparison, this figure stood at 15.03 million in the same period last year.

Türkiye's unemployment rate eased further and dropped to 8.4% in May, hitting the lowest rate in nearly 12 years, according to the official data last week.

The number of employed persons increased by 273,000 to 32.92 million in May 2024 compared to the previous month, the TurkStat data showed.

Looking specifically at paid employment breakdowns, the number of paid employees in the accommodation and food services sector has steadily increased since the beginning of the year.

Ending last year with 1.09 million employees, the sector's employment decreased slightly to 1.08 million in the first month of the year.

However, in the subsequent months, the sector's employment then began to rise, reaching 1.085 million in February, 1.13 million in March, 1.21 million in April, and a record high of 1.3 million in May.

Ismet Demirkol, founder of Pariterium Consulting, speaking to AA, underscored the importance of the accommodation and food services sector for the country's economy.

Demirkol pointed out the sector's employment growth is closely linked to the tourism sector and said, "A healthy tourism sector is crucial for foreign currency inflows into the country. Increased foreign currency earnings help reduce the current account deficit and alleviate pressure on exchange rates."

He also expressed expectations for employment growth in the sector to continue in the coming months.

  • shortlink copied
  • Last Update: Jul 15, 2024 4:44 pm
    KEYWORDS
    turkish economy employment accommodation services sector türkiye
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Christmas, floods and lava: Weekly top photos
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021