Labor Market Outlook: July 2012

EMPLOYMENT IN CONSTRUCTION PREVENTED AN INCREASE IN NON-AGRICULTURAL UNEMPLOYMENT

Seyfettin Gürsel, Gökçe Uysal and Ayşenur Acar

Seasonally adjusted labor market data shows that non-agricultural unemployment rate decreased from 11.3 percent to 11.2 percent in the period of April 2012. Increase in both service and manufacturing remained limited in line with the low growth rate; however we observe that an increase in construction employment prevented an increase in non-agricultural unemployment.

doc. LaborOutlook2012M07

pdf. LaborOutlook2012M07