STAGNATION IN UNEMPLOYMENT
Seyfettin Gürsel, Gökçe Uysal and Ayşenur Acar
Seasonally adjusted labor market data shows that non-agricultural unemployment rate remained at 12.5 percent in the period of August 2013. The increase in non-agricultural labor force counterbalances the increase in non-agricultural employment in this period. Hence, non-agricultural unemployment rate stagnates. Seasonally adjusted employment data also shows that manufacturing employment has been decreasing for the period of June 2013. Service employment has been slightly increasing since the beginning of 2013. During this period, employment in construction increased by 48 thousand in the period of August 2013 preventing unemployment to increase further.
doc. LaborOutlook2013M11
pdf. LaborOutlook2013M11