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Balance of employment flows hit 17-year highs in May

Balance of employment flows hit 17-year highs in May

The balance of employment flows in the private sector was positive in May, totaling 108,725 job positions, the “Ergani” IT system of the Labour ministry said in a report released on Monday.

The report said that the balance of employment flows recorded the highest monthly performance since 2001, both in May and in the January-May period, with a positive balance of 264,551 new job positions in the five-month period.

New hirings totaled 308,169 in May, while dismissals amounted to 199,444 in the month (of which 93,522 were voluntary departures).

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