Labor Market Outlook: September 2017


Seyfettin Gürsel, Gökçe Uysal  and Mine Durmaz

Seasonally adjusted labor market data show that the nonagricultural unemployment rate decreased by 0.2 percentage points and is recorded as 13.2 percent in the period of June 2017. This is resulted from the acceleration of the increase in the non-agricultural employment in the period of June 2017 compared to the period of May 2017. In this period, there has been a significant increase in employment in services sector. According to seasonally adjusted labor market data, in looking at gender breakdown, the female unemployment rate remained constant while the male unemployment rate decreased.  Betam forecast model predicts that the non-agricultural unemployment rate will decline by 0.1 percentage points and will be 13.1 percent in the period of July 2017.

doc. LaborMarketOutlook2017M09

pdf. LaborMarketOutlook2017M09