{"id":7500,"date":"2018-05-22T14:16:11","date_gmt":"2018-05-22T12:16:11","guid":{"rendered":"http:\/\/betam.bahcesehir.edu.tr\/?p=7500\/"},"modified":"2018-06-18T15:26:16","modified_gmt":"2018-06-18T13:26:16","slug":"labor-market-outlook-may-2018","status":"publish","type":"post","link":"https:\/\/betam.bahcesehir.edu.tr\/en\/2018\/05\/labor-market-outlook-may-2018\/","title":{"rendered":"Labor Market Outlook: May 2018"},"content":{"rendered":"<p><strong>THE DECREASE IN UNEMPLOYMENT SLOWS DOWN<\/strong><\/p>\n<p><strong>Seyfettin G\u00fcrsel, Yazg\u0131 Gen\u00e7\u00a0 and U\u011furcan Acar<\/strong><\/p>\n<p>Seasonally adjusted labor market data show that non-agricultural unemployment rate decreased by 0.1 percentage points in the period of February reaching 11.6 percent. The non-agricultural unemployment rate decreased from 13.9 to 11.6 in the last year as a consequence of high GDP growth in 2017. As result, the non-agricultural unemployment rate has decreased by 2.3 percentage points in the recent year. The reason behind this decrease has been the strong increase in non-agricultural employment. This increase continues along with GDP growth; from January 2018 to February 2018, employment increased by 60 thousand in manufacture, 49 thousand in the services and 3 thousand in construction. Betam\u2019s forecasting model predicts that the non-agricultural unemployment will decrease by 0.1 percentage point to 11.5 percent in the period of March 2018.<\/p>\n<p><em><strong>doc.\u00a0<a href=\"http:\/\/betam.bahcesehir.edu.tr\/wp-content\/uploads\/2018\/05\/LaborMarketOutlook2018M05-1.docx\">LaborMarketOutlook2018M05<\/a><\/strong><\/em><\/p>\n<p><em><strong>pdf.\u00a0<a href=\"http:\/\/betam.bahcesehir.edu.tr\/wp-content\/uploads\/2018\/05\/LaborMarketOutlook2018M05-1.pdf\">LaborMarketOutlook2018M05<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE DECREASE IN UNEMPLOYMENT SLOWS DOWN Seyfettin G\u00fcrsel, Yazg\u0131 Gen\u00e7\u00a0 and U\u011furcan Acar Seasonally adjusted labor market data show that non-agricultural unemployment rate decreased by 0.1 percentage points in the period of February reaching 11.6 percent. The non-agricultural unemployment rate decreased from 13.9 to 11.6 in the last year as a consequence of high GDP [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[275,284,278],"tags":[],"class_list":["post-7500","post","type-post","status-publish","format-standard","hentry","category-economic-research","category-labor-market-outlook","category-publications"],"_links":{"self":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/comments?post=7500"}],"version-history":[{"count":2,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7500\/revisions"}],"predecessor-version":[{"id":7548,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7500\/revisions\/7548"}],"wp:attachment":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/media?parent=7500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/categories?post=7500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/tags?post=7500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}