STRONG INCREASE IN MANUFACTURING EMPLOYMENT
Seyfettin Gürsel, Gökçe Uysal and Mine Durmaz
Seasonally adjusted labor market data shows that nonagricultural unemployment rate remained constant at the level of 11.5 percent in the period of April 2016. Betam’s forecasting model estimates that the nonagricultural unemployment rate will remain constant in the period of May 2016. In this period, strong increases were observed in both nonagricultural labor force and nonagricultural employment. Remarkably, employment increases are driven mainly by the manufacturing sector. Note that the number of unemployed females increased and the number of unemployed males declined in the period of April 2016 compared to April 2015.
doc. laboroutlook2016m07
pdf. laboroutlook2016m07