Labor Market Outlook: March 2015

DECREASE IN UNEMPLOYMENT

Seyfettin Gürsel, Gökçe Uysal and Mine Durmaz

Seasonally adjusted labor market data shows that compared to previous period nonagricultural unemployment rate decreased from 12.7 to 12.5 (0.2 percentage points) in the period of December 2014. Labor market data shows that the increase in nonagricultural employment is larger than that in nonagricultural labor force and thus, nonagricultural unemployment decreases. Betam forecasting model based on Kariyer.net data estimates that nonagricultural employment rate will increase slightly in the period of January 2015.

doc. LaborOutlook2015M03

pdf. LaborOutlook2015M03