Labor Market Outlook: July 2017


Seyfettin Gürsel, Gökçe Uysal  and Mine Durmaz

Seasonally adjusted labor market data show that the nonagricultural unemployment rate decreased by 0.2 percentage points and is recorded as 13.4 percent in the period of April 2017. In the period of April 2017 compared to the period of March 2017, increases in the nonagricultural employment continued. Parallel to these developments, the nonagricultural unemployment decreased. In this period, we observed employment increases in all nonagricultural sectors. According to seasonally adjusted labor market data, in looking at gender breakdown, the male unemployment rate remained constant while the female unemployment rate decreased.  Betam forecast model predicts that the non-agricultural unemployment rate will decline by 0.1 percentage points down to 13.3 percent in the period of May 2017.

doc. LaborMarketOutlook2017M07

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