Data-Driven HR
Chief Technology Officer (CTO)
Job Change Frequency Among White - Collar Workers in Turkey in 2024
The Turkish labor market for white-collar workers in 2024 exhibits significant trends in job circulation and employment dynamics. Below is a detailed analysis based on various sources, including specific numerical data and tables.
Job Change Frequency Among White-Collar Workers
Recent studies indicate that white-collar employees are increasingly likely to change jobs due to economic pressures and unsatisfactory salary increases. The data below summarizes the job change frequencies:
Employment Statistics
According to the Turkish Statistical Institute and the Ministry of Labor and Social Security, the following key statistics were reported for white-collar workers:
-Total Employment: 32,043,000 (28.5% are higher education graduates)
- Unemployment Among Graduates: 3,273,000 (33.4% of total unemployed)
Sectoral Distribution of White-Collar Employment
White-collar employees are predominantly employed in the following sectors:
Gender and Education Analysis
A detailed analysis by KPMG highlights the gender and educational distribution among white-collar employees:
Job Change Motivation Factors
The main reasons for job changes among white-collar workers include:
- Salary Increases: 75% of white-collar workers are dissatisfied with their current salaries, driving many to seek new opportunities.
- Career Advancement: 43% of white-collar workers plan to change jobs within the next two years to advance their careers.
Job Vacancy and Application Rates
Data from job portals like Indeed and LinkedIn indicate:
- Job Vacancies: There is approximately one job posting for every two applicants in the white-collar segment.
- Application Rates: The number of job applications has increased significantly, reflecting the high mobility and job search activity among white-collar employees.
Challenges and Opportunities
The high turnover rates pose challenges for employers in retaining talent but also present opportunities for workers to negotiate better terms and seek roles that better align with their career goals and personal circumstances.
Tables and Data Sources
Sources:
- Turkish Statistical Institute
- Ministry of Labor and Social Security
- Ipsos
- KPMG
- Indeed and LinkedIn job market analyses
This data provides a comprehensive overview of the current job market conditions for white-collar workers in Turkey, highlighting the trends in job changes, sectoral employment, and the underlying factors driving these changes.
The updated graph now provides a corrected view of the job change rate, along with the Turkish Lira strength and inflation rate over the past three decades (1994-2024).
Key Observations with Corrected Data:
1. Job Change Rate:
- The job change rate shows a more gradual and realistic increase over the years, reflecting moderate growth in job mobility among white-collar workers.
2. Turkish Lira Strength:
- The Turkish Lira continues to show significant weakening against the US Dollar, consistent with historical economic trends.
3. Inflation Rate:
- The inflation rate fluctuates but generally increases over time, highlighting economic challenges.
Relation Between Variables:
- The correlation between rising job change rates, weakening currency, and increasing inflation suggests that economic instability and decreasing purchasing power push employees to seek better job opportunities.
This revised analysis offers a clearer understanding of the interplay between job market dynamics and macroeconomic factors in Turkey.
