STRONG INCREASE IN EMPLOYMENT

Seyfettin Gursel, Gokce Uysal and Duygu Guner

Seasonally adjusted labor market data show that in the period of February 2011 non-agricultural labor force increased by 53 thousand, non-agricultural employment increased by 143 thousand and non-agricultural unemployment rate decreased from 13.3 percent to 12.8 percent as a result of the strong increase in non-agricultural employment. Seasonally adjusted sectoral employment figures reveal that the employment increased in all sectors. On the other hand, data on number of applications per vacancy released by Kariyer.net suggests that the decrease in non-agricultural unemployment rate will slow down in the period of March 2011.[1]

[1] On behalf of the Betam team, we would like to thank to Kariyer.net for sharing their valuable data on vacancies.

doc. ResearchBrief114

pdf. ResearchBrief114