DECREASE IN UNEMPLOYMENT WITH RECOVERY IN MANUFACTURING AND CONSTRUCTION
Seyfettin Gürsel, Hamza Mutluay
Seasonally adjusted labor market data shows that in the period of October 2019, non-agricultural unemployment rate turned out to be 15.9 percent, with 0.3 percentage point decrease compared to September 2019. In this period, non-agricultural employment increased by 214 thousand and non-agricultural labor force increased by 157 thousand. According to sectorial data, the only sector showing decrease in employment is agriculture, decreasing by 92 thousand. Construction employment increased by 45 thousand and service employment increased by 49 thousand. The only sector showing the most significant increase (120 thousand) in employment is manufacturing. Based on the seasonally adjusted data, male non-agricultural employment increased by 130 thousand and female non-agricultural employment increased by 39 thousand.