UNEMPLOYMENT DECLINED FOLLOWING THE SURGE IN ECONOMIC ACTIVITY

Seyfettin Gürsel and Duygu Güner

According to the labor market statistics released by TurkStat on 17 May, non-agricultural employment has increased by 826 thousand whereas non-agricultural labor force has risen by 585 thousand. As a consequence, non-agricultural unemployment has decreased by 241 thousand and the non-agricultural unemployment rate decreased to17.5 percent in February 2010 from 19.3 percent in February 2009. Figure 1 depicts the year-on-year differences of certain labor market statistics.

doc. ResearchBrief072

pdf. ResearchBrief072