Labor Market Outlook: July 2015

DECLINE IN UNEMPLOYMENT CONTINUES

Seyfettin Gürsel, Mine Durmaz and Melike Kökkızıl

Seasonally adjusted labor market data shows that, compared to the previous period, nonagricultural unemployment rate decreased from 12.1 percent to 11.9 percent (0.2 percentage points) in the period of April 2015. The reason behind the decline in unemployment is the employment increases in manufacturing and services sectors which exceed the increases in the labor force. In addition, non-agricultural unemployment continues to stay at high levels.

doc. LaborOutlook2015M07

pdf. LaborOutlook2015M07