Labor Market Outlook: April 2012

STRONG INCREASE IN NON-AGRICULTURAL EMPLOYMENT

Seyfettin Gursel, Gokce Uysal and Aysenur Acar

According to the labor market statistics released by TurkStat, non-agricultural unemployment rate is 12.4 percent in the period of January 2012. However, we draw attention again to the importance of seasonally adjusted unemployment series in the evaluation of unemployment. Seasonally adjusted labor market data shows that non-agricultural unemployment rate decreased from 11.2 percent to 11.1 percent. According to the seasonally adjusted data, the number of unemployed persons in non-agricultural decreased by 20 thousand compared to the period of December 2012 and decreased by 391 thousand compared to December 2011. Employment in all sectors increased in the period of January 2012 compared to the previous period and the strong increase in service sector continues.

doc. LaborOutlook2012M04

pdf. LaborOutlook2012M04