Labor Market Outlook: June 2014

NON-AGRICULTURAL EMPLOYMENT INCREASED DUE TO INCREASE IN SERVICES EMPLOYMENT

 Seyfettin Gürsel, Gökçe Uysal and Ayşenur Acar

Seasonally adjusted labor market data shows that non-agricultural unemployment rate remained the same at 11.0 percent in the period of Mart 2014 compared to the period of February 2014. Increases observed in employment for the period of March 2014 were mostly due to the strong increases in services employment. The increase in the services sector was the strongest increase observed in the last two years. However, job growth in other sectors remained weak. Employment increases in manufacturing decelerated, while employment in the construction sector decreased in this period.

doc. LaborOutlook2014M06

pdf. LaborOutlook2014M06