DECREASES IN UNEMPLOYMENT AS A RESULT OF HIGHER INCREASES IN EMPLOYMENT THAN IN LABOR FORCE
Seyfettin Gürsel, Hamza Mutluay
Seasonally adjusted labor market data shows that in the period of July 2020, non-agricultural unemployment rate turned out to be 15.9 percent, with 0.6 percentage point decreases compared to June 2020. In this period, both non-agricultural employment and labor force increased by 568 thousand and by 493 thousand respectively. According to sectoral data, employment increased in all sectors except agriculture. In addition to the increase of employment in construction by 111 thousand, employment gains in manufacturing and services employment amounted to 57 thousand and 399 thousand while employment in agriculture decreased by 28 thousand. Based on the seasonally adjusted data, while female non-agricultural employment increased by 165 thousand non-agricultural female labor force increased by 216 thousand. As a result, non-agricultural female unemployment rate increased by 0.1 percentage points to 19.1 percent. On the other hand, male labor force and employment increased by 323 thousand and 423 thousand respectively taking down non-agricultural male unemployment rate from 15.4 to 14.6 percent. The existing gender gap in non-agricultural unemployment rate has been enlarged by 0.9 percentage points.