Labor Market Outlook: December 2017

UNEMPLOYMENT CONTUNIOUS ITS DECREASE                                                                            

Seyfettin Gürsel, Mine Durmaz Aslan and Yazgı Genç

Executive Summary

Seasonally adjusted labor market data show that non-agricultural unemployment rate decreased by 0.1 points in the period of September from August reaching 12.7 percent.  On the other hand, according to seasonally adjusted labor data, non-agricultural unemployment rate of females decreased while non-agricultural unemployment rate of males increased.  Betam’s forecasting model predicts that the non-agricultural unemployment will decrease at 12.5 percent in the period of October 2017.

doc. LaborMarketOutlook2017M12

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