Seyfettin Gürsel and Mehmet Alper Dinçer
The observed stagnation in the growth rate in the last six months has been reflecting on the labor force indicators. While the non-agricultural employment decreased in absolute terms losing its upward trend in the last quarter of 2007, the non-agricultural unemployment attained 12.5 percent in 2007. However, the decline in the labor force participation rate has prevented a further increase in it.
Women are driven out of the labor market. As the urban labor force participation of the women declined rapidly, the number of the housewives increases by 10 percent up to 12 million 494 thousand. Women drop out of the labor market to go back to housework.
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