Labor Market Outlook: January 2018

A SHARP DECREASE IN UNEMPLOYMENT   

Seyfettin Gürsel, Mine Durmaz Aslan  and Yazgı Genç

Seasonally adjusted labor market data show that non-agricultural unemployment rate decreased by 0.5 percentage points in the period of October from September reaching 12.2 percent.  On the other hand, according to seasonally adjusted labor data, non-agricultural unemployment rate of both females and males decreased. Betam’s forecasting model predicts that the non-agricultural unemployment will remain at 12.2 percent in the period of November 2017.

doc. LaborMarketOutlook2018M01

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