Labor Market Outlook: May 2013

NON-AGRICULTURAL UNEMPLOYMENT RATE DECREASED

Seyfettin Gürsel, Gökçe Uysal ve Ayşenur Acar

Seasonally adjusted labor market data shows that the non-agricultural unemployment rate decreased from 11.7 percent in the period of January 2013 to 11.6 percent in the period of February 2013. We observe that in the manufacturing sector, the increase in employment has been accelerating since the last quarter of 2012. Service employment increased by 55 thousand as well. Kariyer.net series indicate that this slow but consistent decline might continue in the period of March 2013.

doc. LaborOutlook2013M05

pdf. LaborOutlook2013M05