Labor Market Outlook: November 2015

Labor FORCE AND EMPLOYMENT DECREASED, UNEMPLOYMENT DID NOT DECREASE

Seyfettin Gürsel, Gökçe Uysal  and Mine Durmaz 

Seasonally adjusted labor market data shows that, compared to the previous period, nonagricultural unemployment rate remained constant at the level of 12.5 percent in the period of August 2015. Data shows that increases in sectoral employment remained weak in this period. Employment increased by 4 thousand and 10 thousand in construction and services, respectively. Employment losses during the last three periods have reached almost 150 thousand individuals. In August 2015 compared to July 2015, nonagricultural labor force increased by 81 thousand and employment decreased by 71 thousand, thus unemployment did not change.

 doc. LaborOutlook2015M11

pdf. LaborOutlook2015M11