STAGNATION SIGNALS IN EMPLOYMENT
Seyfettin Gürsel, Saliha Tanrıverdi
The increase of 160,000 in employment, along with an increase of 85,000 in the number of unemployed, resulted in a total labor force increase of 245,000. The overall unemployment rate has decreased by 0.2 percentage points from December to January, reaching 9.1 percent.
The seasonally adjusted female unemployment rate decreased by 0.3 percentage points from December to January, reaching 11.7 percent, as a result of a 157,000 increase in employment and a 25,000 decrease in the number of unemployed. On the other hand, the male unemployment rate reached 7.7 percent in January, following a 3,000 increase in employment and a 109,000 decrease in the number of unemployed males. The female labor force level increased by 133,000, while the male labor force level increased by 112,000. Consequently, the gender gap in unemployment rates decreased from 4.7 percentage points to 4 percentage points in January.