THE THREE-MONTH RISE IN BOTH LABOR FORCE AND EMPLOYMENT HALTS
Seyfettin Gürsel, Hamza Mutluay, Mehmet Cem Şahin
Since the number of employed persons decreased by 46 thousand and the number of unemployed persons decreased by 136 thousand, the labor force fell by 182 thousand from May to June. As a result, the unemployment rate decreased by 0.3 pp to 10.3%.
Seasonally adjusted female unemployment rate stayed at 13.8% as the female employment rose by 19 thousand while the number of unemployed females increased by 10 thousand. On the other hand, seasonally adjusted male unemployment rate declined by 0.6 pp to 8.5% following the decrease in male employment by 65 thousand and the decline in the number of unemployed males by 146 thousand. Following these developments, the gender gap in the unemployment rates of females and males edged up to 5.3%.
doc. LaborMarketOutlook2022M08