INCREASE IN UNEMPLOYMENT
Seyfettin Gürsel, Gökçe Uysal and Mine Durmaz
Seasonally adjusted labor market data shows that, compared to the previous period, nonagricultural unemployment rate increased from 12.5 percent to 12.7 percent (0.2 percentage points) in the period of October 2015. Seasonally adjusted nonagricultural labor force and nonagricultural employment increased by 118 thousand and 54 thousand respectively and, thus the number of nonagricultural unemployed increased by 64 thousand in this period. Betam’s forecasting model predicts that seasonally adjusted nonagricultural unemployment rate will remain constant at the level of 12.7 percent in the period of November 2015.
doc. LaborOutlook2016M01
pdf. LaborOutlook2016M01