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Labor Market Outlook: July 2019

LOSSES IN CONSTRUCTION EMPLOYMENT REACHED 640 THOUSAND

Seyfettin Gürsel, Gokce Uysal and Mehmet Cem Sahin

Seasonally adjusted labor market data shows that, in the period of April 2019, non-agricultural unemployment rate remained unchanged and stood at 16.0 percent. In this period, increases in non-agricultural employment reached 10 thousand and non-agricultural labor force increased by 12 thousand. The number of unemployed increased by 2 thousand to 4 million 383 thousand. In manufacturing, employment gains were 71 thousand, while employment in services decreased by 30 thousand. Employment losses in construction continued and since February 2018, the level of employment loss in construction reached 640 thousand. With the marked decrease in female labor force participation, the gender gap in non-agricultural unemployment narrowed.

doc.LaborMarketOutlook2019M07

pdf.LaborMarketOutlook2019M07

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