European Stock Exchanges
European Stock Exchanges, with the effect of the announcement of the US imposing new sanctions on Iran, closed the last trading day of the week except the FTSE MIB 30 index in Italy.
US Treasury Secretary Steven Mnuchin announced that his country has imposed new sanctions on Iran. Mnuchin said the sanctions involved the country’s steel, construction, textile and mining sectors.
At the close, the indicator index Stoxx Europe 600 fell 0.12 percent to 419.14 points.
In France, the CAC 40 index decreased by 0.09 percent to 6.037.11 points, while in Germany the Dax index fell by 0.09 percent to 13.483.31 points.
In the UK, the FTSE 100 index closed the day at 7.587.85 points, down 0.14 percent.
On the other hand, the FTSE MIB 30 index in Italy finished the day at 24.021.40, up 0.02 percent.
Indices open in US
Indices in the US started the day with an increase.
Following the opening, the Dow Jones index rose by 0.01 percent to 28.959.04 points, the S&P 500 index rose by 0.17 percent to 3.280.14 points and the Nasdaq index rose by 0.29 percent to 9.230.36 points.
According to data released today, non-agricultural employment in the US was realized below expectations with 145 thousand.
Contraction in the construction sector reflected in employment figures
2018-2019 employment in Turkey when compared to October decreased by 527 thousand people, with 15.7 percent employment loss was determined that most of the construction sector.
Turkey Statistical Institute AA correspondent (TSI), according to a compilation of his data, employed by those who count in October 2019 in the previous year decreased by 527 thousand persons compared to the same period 28 million 343 thousand people, while the employment rate was 45.9 percent 1,6 percentage points decrease.
The contraction in the construction sector was also reflected in employment figures in the said period. Employment loss in this sector was 15.7 percent (305 thousand people).
This sector, followed by a decline of 5 percent (270 thousand people) agriculture, 0.5 percent (30 thousand people) followed by the decrease in the industrial sector. Employment in the services sector increased by 0.5 percent (78 thousand people).
Looking at the situation at work, 213 thousand of the unemployed are paid or casual, 148 thousand self-employed workers, 108 thousand unpaid family workers, 58 thousand were formed by employers.
Loss of employment in industry attracted attention
When the occupational groups were examined, it turned out that 298 thousand people lost their jobs in jobs that do not require the most qualifications.
7.1 percent (202 thousand persons) of plant and machine operators and installers involved in employment, 6.8 percent (258 thousand persons) of craftsmen and related businesses, 3.6 percent of qualified agricultural, forestry and aquaculture workers (150 thousand people), technicians, technicians, and 2.8 percent of the professional professionals (50 thousand people) were unemployed during the period.
Managers and professionals “got the job”
On the other hand, in the period in question, the employment of managers 8.3 percent (123 thousand people), the employment of professional groups rose by 6 percent (183 thousand people).
In addition, 2.8 percent (147 thousand people) of services and sales personnel employment increased during this period.
Looking at the previous situation of jobseekers, the most increase was seen in those who were dismissed. The number of people who started looking for a job increased by 49 percent due to dismissal.
During the period in question, 36 percent of those who completed their military service and began to look for work, 27 percent of the number of people who began to search for jobs by closing or bankruptcy, a 17 percent increase in the number of people trying to find a temporary job again.