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.