Labor Market Outlook: February 2013

INCREASE IN UNEMPLOYMENT CONTINUES

Seyfettin Gürsel, Gökçe Uysal ve Ayşenur Acar

Seasonally adjusted labor market data shows that non-agricultural unemployment increased from 11.6 percent in October 2012 to 11.8 percent in November 2012. Despite the strong increase in non-agricultural employment, stronger increase in non-agricultural labor force leads to an increase in non-agricultural unemployment. Slow but sustainable increasing trend in non-agricultural unemployment that we have been observing since February 2012 continues. Data released by Kariyer.net shows that the slow increase in unemployment might continue in the next period.

doc. LaborOutlook2013M02

pdf. LaborOutlook2013M02