Labor Market Outlook: April 2015

SEASONALLY ADJUSTED UNEMPLOYMENT DECREASED

Seyfettin Gürsel, Gökçe Uysal and Mine Durmaz

Seasonally adjusted labor market data shows that nonagricultural unemployment rate decreased from 12.5 percent to 12.4 percent (0.1 percentage points) in the period of January 2015 compared to previous period. In January 2015, the total unemployment rate also decreased from 10.4 percent to 10.3 percent. We can conclude that  unemployment decreased due to increases in manufacturing employment in parallel to the industrial production index. Along with the increases in the industrial production index in December 2014 and February 2015, employment in manufacturing sector increased by 83 thousand in January 2015. Moreover, services employment increased by 66 thousand.

doc. LaborOutlook2015M04

pdf. LaborOutlook2015M04