The number of persons employed in employment services in Turkey has shown a steady increase from 2013 to 2023. In 2023, this figure stood at 382,000. Over the past decade, the market experienced significant year-on-year fluctuations, with notable increases in the years 2018 and 2019 at 39.11% and 32.53%, respectively. Despite a slight decline in 2020, the industry recovered and marked a consistent upward trajectory. Over the last two years, the year-on-year growth has been moderate with 5.52% in 2022 and 5.23% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) is 8.94%. Looking forward, the forecasted data suggest a continued upward trend with a five-year CAGR of 3.6%, culminating in a 19.35% growth rate by 2028.
Future trends to watch for include the impact of technological advancements in recruitment processes, shifts in labor market dynamics due to economic conditions, and legislative changes affecting employment services. Monitoring these factors will provide insight into the sustainability and potential challenges of the projected growth.
