Turkey’s job market is booming as the economy strengthens. The country’s unemployment rate has dropped to its lowest level in more than a decade, and the number of people in employment has risen to a record high.
The Turkish economy has been growing steadily since the global financial crisis of 2008, and the government has implemented a number of reforms to encourage job creation. These include tax incentives for businesses, increased access to credit, and a focus on developing the country’s infrastructure.
The result has been a surge in job creation. In the first quarter of 2018, the number of people in employment rose by 1.2 million, the highest quarterly increase since records began in 2002. The unemployment rate has also dropped to 10.2%, its lowest level since 2008.
The job market is particularly strong in the services sector, which accounts for more than half of all employment. This includes jobs in retail, hospitality, and tourism, which have all seen significant growth in recent years.
The manufacturing sector has also seen a boost, with the number of people employed in the sector rising by more than 500,000 in the first quarter of 2018. This is largely due to increased investment in the sector, as well as the government’s focus on developing the country’s industrial base.
The construction sector has also seen a surge in job creation, with the number of people employed in the sector rising by more than 400,000 in the first quarter of 2018. This is largely due to increased investment in infrastructure projects, such as the construction of new roads and bridges.
Overall, the job market in Turkey is booming, and the economy is continuing to strengthen. This is good news for the country’s citizens, as it means more people are able to find work and contribute to the economy.