Labor Market Outlook: March 2013

STRONG INCREASES CONTINUE BOTH IN EMPLOYMENT AND IN LABOR FORCE

Seyfettin Gürsel, Gökçe Uysal ve Ayşenur Acar

According to the labor market data released by TurkSTAT, we observe sizeable increases in non-agricultural employment. However, unemployment on a year-on-year basis increased due to strong increases in labor force. Seasonally adjusted labor market data shows that the monthly unemployment rate has been stagnating. Non-agricultural unemployment rate remains at its previous level in the period of December 2012, i.e. it is still at 11.8 percent. Application per vacancy calculated by using Kariyer.net series indicates that stagnation in the non-agricultural unemployment rate will continue.

doc. LaborOutlook2013M03

pdf. LaborOutlook2013M03