{"id":7934,"date":"2026-08-07T15:58:34","date_gmt":"2026-08-07T12:58:34","guid":{"rendered":"https:\/\/fxknews.com\/?p=7934"},"modified":"2026-08-07T15:58:40","modified_gmt":"2026-08-07T12:58:40","slug":"beklenti-altinda-kalan-abd-temmuz-ayi-tarim-disi-istihdam-yorumlari","status":"publish","type":"post","link":"https:\/\/fxknews.com\/?p=7934","title":{"rendered":"Beklenti Alt\u0131nda Kalan Abd Temmuz Ay\u0131 Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam Yorumlar\u0131"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>ABD&#8217;de Temmuz ay\u0131 tar\u0131m d\u0131\u015f\u0131 istihdam (NFP) verisi, +80.000&#8217;lik piyasa beklentisinin tam tersine -23.000 olarak a\u00e7\u0131kland\u0131.<\/strong> Man\u015fet rakam tek ba\u015f\u0131na zay\u0131f bir tablo \u00e7izerken, \u00f6nceki d\u00f6nemlere y\u00f6nelik sert a\u015fa\u011f\u0131 y\u00f6nl\u00fc revizyonlar i\u015fg\u00fcc\u00fc piyasas\u0131ndaki so\u011fuman\u0131n san\u0131landan daha derin oldu\u011funa i\u015faret etti.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">\u0130\u00e7indekiler<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/fxknews.com\/?p=7934\/#Manset_Rakam_ve_Revizyonlar\" >Man\u015fet Rakam ve Revizyonlar<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/fxknews.com\/?p=7934\/#Issizlik_Orani_Beklentinin_Altinda\" >\u0130\u015fsizlik Oran\u0131 Beklentinin Alt\u0131nda<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/fxknews.com\/?p=7934\/#Ucret_Artisi_Zayifladi\" >\u00dccret Art\u0131\u015f\u0131 Zay\u0131flad\u0131<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/fxknews.com\/?p=7934\/#Sektorel_Dagilim\" >Sekt\u00f6rel Da\u011f\u0131l\u0131m<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/fxknews.com\/?p=7934\/#Piyasa_Reaksiyonu\" >Piyasa Reaksiyonu<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/fxknews.com\/?p=7934\/#Rakamlarin_Ardindaki_Tablo\" >Rakamlar\u0131n Ard\u0131ndaki Tablo<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/fxknews.com\/?p=7934\/#Degerlendirme\" >De\u011ferlendirme<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Manset_Rakam_ve_Revizyonlar\"><\/span>Man\u015fet Rakam ve Revizyonlar<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Temmuz&#8217;da istihdam 23 bin ki\u015fi azald\u0131; beklenti 80 binlik art\u0131\u015ft\u0131. Bir \u00f6nceki d\u00f6nemin +57 binlik verisi +20 bine \u00e7ekilirken, son iki aya ili\u015fkin net revizyon -103 bin oldu. T\u00fcm revizyonlar hesaba kat\u0131ld\u0131\u011f\u0131nda son \u00fc\u00e7 ay\u0131n ortalamas\u0131 yaln\u0131zca 20 binde kald\u0131 \u2014 bu da man\u015fetteki tek ayl\u0131k zay\u0131fl\u0131\u011f\u0131n yerle\u015fik bir trende d\u00f6n\u00fc\u015fmeye ba\u015flad\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Issizlik_Orani_Beklentinin_Altinda\"><\/span>\u0130\u015fsizlik Oran\u0131 Beklentinin Alt\u0131nda<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0130\u015fsizlik oran\u0131 %4,2 beklentisine kar\u015f\u0131n %4,1&#8217;e geriledi; \u00f6nceki d\u00f6nem %4,2 idi. Yuvarlanmam\u0131\u015f oran ise %4,1889&#8217;dan %4,0900&#8217;a indi. Buna kar\u015f\u0131l\u0131k i\u015fg\u00fcc\u00fcne kat\u0131l\u0131m oran\u0131 %61,5&#8217;ten %61,4&#8217;e d\u00fc\u015ft\u00fc; yani orandaki iyile\u015fmenin bir k\u0131sm\u0131 istihdam art\u0131\u015f\u0131ndan de\u011fil, i\u015fg\u00fcc\u00fcnden \u00e7ekilmelerden kaynaklan\u0131yor. Eksik istihdam\u0131 da kapsayan U6 oran\u0131 %7,9 ile de\u011fi\u015fmedi.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ucret_Artisi_Zayifladi\"><\/span>\u00dccret Art\u0131\u015f\u0131 Zay\u0131flad\u0131<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Ortalama saatlik kazan\u00e7lar ayl\u0131k bazda %0,3 beklentisinin alt\u0131nda %0,1 artt\u0131. Y\u0131ll\u0131k art\u0131\u015f ise %3,5 beklentisine kar\u015f\u0131n %3,2&#8217;de kald\u0131. Haftal\u0131k ortalama \u00e7al\u0131\u015fma saati 34,3 ile beklentiyle uyumlu ger\u00e7ekle\u015fti. Zay\u0131flayan \u00fccret ivmesi, Fed yetkililerinin g\u00fcvercin tarafta \u00f6ne \u00e7\u0131karaca\u011f\u0131 bir ba\u015fl\u0131k olacak.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sektorel_Dagilim\"><\/span>Sekt\u00f6rel Da\u011f\u0131l\u0131m<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u00d6zel sekt\u00f6r istihdam\u0131 +78 bin beklentiye kar\u015f\u0131n yaln\u0131zca +30 bin artt\u0131; \u00fcstelik \u00f6nceki +49 binlik veri +30 bine revize edildi. Kamu istihdam\u0131 ise +8 binden -53 bine d\u00f6nerek man\u015fetteki zay\u0131fl\u0131\u011f\u0131n ana kayna\u011f\u0131 oldu. \u0130malat sekt\u00f6r\u00fc +4 binlik beklentiyi a\u015farak +30 bin ile olumlu ayr\u0131\u015f\u0131rken, sa\u011fl\u0131k sekt\u00f6r\u00fc istihdama katk\u0131 vermeyi s\u00fcrd\u00fcrd\u00fc. E\u011flence ve konaklama ise 40 bin ki\u015filik kay\u0131p ya\u015fad\u0131; bunun 26.100&#8217;\u00fc yiyecek-i\u00e7ecek mekanlar\u0131nda ger\u00e7ekle\u015fti.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Piyasa_Reaksiyonu\"><\/span>Piyasa Reaksiyonu<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Veri \u00f6ncesinde 158,33 seviyesinde i\u015flem g\u00f6ren USD\/JPY, a\u00e7\u0131klaman\u0131n ard\u0131ndan h\u0131zla 157,13&#8217;e geriledi. Fed fonlar\u0131 vadeli i\u015flemlerinde Eyl\u00fcl toplant\u0131s\u0131na ili\u015fkin fiyatlanan faiz olas\u0131l\u0131\u011f\u0131 %57&#8217;den %44&#8217;e indi. Dolar\u0131n de\u011fer kayb\u0131n\u0131, Japonya Maliye Bakan\u0131 Katayama&#8217;n\u0131n d\u00f6viz piyasalar\u0131n\u0131n ger\u00e7ek talebe dayanmayan hareketlerden etkilendi\u011fi y\u00f6n\u00fcnde Bessent ile ayn\u0131 g\u00f6r\u00fc\u015f\u00fc payla\u015fmas\u0131 da destekledi.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rakamlarin_Ardindaki_Tablo\"><\/span>Rakamlar\u0131n Ard\u0131ndaki Tablo<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Detaylara inildi\u011finde oran\u0131n gerilemesinde gen\u00e7 i\u015fsizli\u011finin belirleyici oldu\u011fu g\u00f6r\u00fcl\u00fcyor: gen\u00e7 i\u015fsiz say\u0131s\u0131 907 binden 740 bine, yani 167 bin ki\u015fi azald\u0131 ve bu grupta oran %14,6&#8217;dan %12,1&#8217;e indi. Buna kar\u015f\u0131l\u0131k 20 ya\u015f ve \u00fczerinde i\u015fsizlik %3,8 ile sabit kald\u0131. \u0130\u015fg\u00fcc\u00fcnden ayr\u0131l\u0131\u015flar ise sorun olmaya devam ediyor; Temmuz&#8217;da 264 bin ki\u015fi i\u015fg\u00fcc\u00fcnden \u00e7\u0131kt\u0131 ve May\u0131s&#8217;tan bu yana ABD i\u015fg\u00fcc\u00fc 984 bin ki\u015fi azald\u0131. E\u011flence-konaklamadaki kayb\u0131n D\u00fcnya Kupas\u0131 ile ili\u015fkili olabilece\u011fi de\u011ferlendirilse de, revizyonlar turnuva \u00f6ncesinde belirgin bir istihdam yarat\u0131lmad\u0131\u011f\u0131n\u0131 ortaya koyuyor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Degerlendirme\"><\/span>De\u011ferlendirme<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0130lk bak\u0131\u015fta rapor man\u015fetin \u00e7izdi\u011fi kadar k\u00f6t\u00fc de\u011fil: kay\u0131plar\u0131n b\u00fcy\u00fck b\u00f6l\u00fcm\u00fc kamu kaynakl\u0131 ve i\u015fsizlik oran\u0131 beklentinin alt\u0131nda kald\u0131. Ancak as\u0131l mesele iki ayl\u0131k net revizyonun b\u00fcy\u00fckl\u00fc\u011f\u00fc ve \u00fc\u00e7 ayl\u0131k ortalaman\u0131n 20 bine kadar gerilemesi \u2014 bu, i\u015fg\u00fcc\u00fc piyasas\u0131nda \u00e7ok daha zay\u0131f bir trendin habercisi. Zay\u0131f \u00fccret verisiyle birlikte tablo, Fed&#8217;in g\u00fcvercin kanad\u0131na gerek\u00e7e sunacak nitelikte.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABD&#8217;de Temmuz ay\u0131 tar\u0131m d\u0131\u015f\u0131 istihdam (NFP) verisi, +80.000&#8217;lik piyasa beklentisinin tam tersine -23.000 olarak a\u00e7\u0131kland\u0131. Man\u015fet rakam tek ba\u015f\u0131na<\/p>\n","protected":false},"author":1,"featured_media":7935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[1,5],"tags":[97],"class_list":["post-7934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finansal-piyasalar","category-ekonomi","tag-tdi"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/7934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7934"}],"version-history":[{"count":1,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/7934\/revisions"}],"predecessor-version":[{"id":7936,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/7934\/revisions\/7936"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/media\/7935"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}