UNEMPLOYMENT CONTINUES TO DECREASE

Seyfettin Gursel, Gokce Uysal and Duygu Guner

Seasonally adjusted labor market data show that in the period of January 2011 non-agricultural unemployment rate decreased from 13.6 percent to 13.4 percent following the 109 thousand increase in the non-agricultural labor force and 139 thousand increase in non-agricultural employment. Seasonally adjusted sectoral employment figures reveal that the decrease in unemployment rate is mainly driven by the increase in the service sector employment.  On the other hand, number of applications per vacancy released by Kariyer.net suggests that the non-agricultural unemployment rate will continue to decrease in the period of February 2011.[1]

[1] On behalf of the Betam team, we would like to thank to Kariyer.net for sharing their valuable data on vacancies.

doc. ResearchBrief111

pdf. ResearchBrief111