STRONG INCREASE IN UNEMPLOYMENT
Seyfettin Gürsel, Gökçe Uysal and Mine Durmaz
Seasonally adjusted labor market data shows that, compared to the previous period, nonagricultural unemployment rate increased from 12.3 percent to 12.6 percent (0.3 percentage points) in the period of June 2015. Thus, seasonally adjusted nonagricultural unemployment rate raised by 0.6 percentage points during last two periods. In the period of June 2015, employment decreased by 14 thousand in construction while employment increased by 37 thousand and 24 thousand in services and manufacturing respectively. Betam’s forecasting model predicts that the increase in seasonally adjusted nonagricultural unemployment rate will taper off, in other words, seasonally adjusted unemployment would remain at this level.
doc. IsgucuGorunum2015M09
pdf. IsgucuGorunum2015M09