Labor Market Outlook: June 2022

THE STRONG RISE IN THE FEMALE EMPLOYMENT INCREASES THE EMPLOYMENT OVER 30 MILLION

Seyfettin Gürsel, Hamza Mutluay, Mehmet Cem Şahin

Since the number of employed persons increased by 408 thousand and the number of unemployed persons increased by 65 thousand, the labor force rose by 473 thousand. As a result, the unemployment rate increased 0.1 pp to 11.3% from March to April.

Seasonally adjusted female unemployment rate edged up by 0.3 pp MoM to 14.5% as the female employment rose by 319 thousand while the number of unemployed females increased by 95 thousand. On the other hand, seasonally adjusted male unemployment rate declined by 0.1 pp to 9.7% following the increase in male employment by 89 thousand and the decline in the number of unemployed males by 30 thousand. Following these developments, the gender gap in the unemployment rates of females and males edged up to 4.8%.

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