Labor Market Outlook: September 2011

NON-AGRICULTURAL UNEMPLOYMENT RATE HAS NOT BEEN DECREASING

Seyfettin Gursel, Gokce Uysal and Aysenur Acar

According to the labor market statistics released by TurkStat, non-agricultural unemployment rate came down to 11.9 percent in the period of June 2011. However, seasonally adjusted labor market data shows that non-agricultural unemployment rate remained the same in the period of June 2011 (13.2 percent). According to seasonally adjusted labor market data, increase in service employment (148 thousand) counterbalanced the decline in manufacturing employment. However, strong increase in non-agricultural labor force neutralized the increase in service and construction sector employment, which would have decreased the non-agricultural unemployment rate.

doc. LaborOutlook2011M09

pdf. LaborOutlook2011M09