Labor Market Outlook: October 2011

UNEMPLOYMENT RATE IS DECREASING

Seyfettin Gursel, Gokce Uysal and Aysenur Acar

According to the labor market statistics released by TurkStat, non-agricultural unemployment rate fell to 11.8 percent in the period of July 2011. Seasonally adjusted labor market data shows that non-agricultural unemployment rate decreased from 13.2 percent to 12.8 percent in the period of June 2011. Seasonally adjusted data indicates that non-agricultural labor force decreased and non-agricultural employment increased compared to previous period. As for sectoral data, manufacturing employment decreased, agricultural employment increased in this period.

doc. LaborOutlook2011M10

pdf. LaborOutlook2011M10