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Labor Market Outlook: September 2019

STOP IN INCREASE OF NON-AGRICULTURAL UNEMPLOYMENT

Seyfettin Gürsel, Gökçe Uysal, Mehmet Cem Şahin

Seasonally adjusted labor market data shows that, in the period of June 2019, non-agricultural unemployment rate remained unchanged and stood at 16.2 percent. In this period, increases in non-agricultural employment attained 75 thousand and non-agricultural labor force increased by 89 thousand. According to sectorial data, the only sector showing decrease in employment is services, and the sector showing the most significant increase in employment is manufacturing, with 70 thousand. Consecutive decreases in construction employment since February 2018 came to a halt in July 2019 with net increase in employment of 12 thousand people. Based on the seasonally adjusted data, decreases in male employment continued while female employment increased slightly.  Apparently, the decreases in male employment is affected by the losses in construction employment.

doc. LaborMarketOutlook2019M09

pdf. LaborMarketOutlook2019M09

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