Seyfettin Gursel, Gokce Uysal and Duygu Guner
According to the labor market statistics released by TurkStat, non-agricultural employment increased by 956 thousand on a year-on-year basis, while non-agricultural unemployment rate decreased from 16.7 percent to 13.4 percent. Seasonally adjusted labor market data show that non-agricultural labor force reached 17 million 630 thousand and non-agricultural unemployment rate decreased to 12.6 percent. In the period of March 2011, non-agricultural unemployment rate continued to decrease, parallel to the strong increase in manufacturing employment. On the other hand, industry production index, capacity utilization ratio and Kariyer.net data suggest that the decrease in non-agricultural unemployment rate may slow down in the upcoming periods.[1]
[1] On behalf of the Betam team, we would like to thank to Kariyer.net for sharing their valuable data on vacancies.
doc. ResearchBrief117
pdf. ResearchBrief117