{"id":7578,"date":"2018-07-09T10:57:05","date_gmt":"2018-07-09T08:57:05","guid":{"rendered":"http:\/\/betam.bahcesehir.edu.tr\/?p=7578\/"},"modified":"2018-08-28T09:08:33","modified_gmt":"2018-08-28T07:08:33","slug":"labor-market-outlook-june-2018","status":"publish","type":"post","link":"https:\/\/betam.bahcesehir.edu.tr\/en\/2018\/07\/labor-market-outlook-june-2018\/","title":{"rendered":"Labor Market Outlook: June 2018"},"content":{"rendered":"<p><strong>THE DECREASE IN UNEMPLOYMENT STOPPED IN MARCH<\/strong><\/p>\n<p><strong>Seyfettin G\u00fcrsel and Yazg\u0131 Gen\u00e7 <\/strong><\/p>\n<p>Seasonally adjusted labor market data shows that non-agricultural unemployment rate remained at 11.7 percent in the period of March. The non-agricultural unemployment rate decreased from 13.6 to 11.7 in the last year as a consequence of high GDP growth in 2017. As result, the non-agricultural unemployment rate has decreased by 1.9 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 March 2017 to March 2018, employment increased by 272 thousand in manufacture, 701 thousand in the services and 69 thousand in construction, 1 million 42 thousand in total. Betam\u2019s forecasting model predicts that the non-agricultural unemployment will remain at 11.7 percent in the period of April 2018.<\/p>\n<p><em><strong>doc.\u00a0<a href=\"http:\/\/betam.bahcesehir.edu.tr\/wp-content\/uploads\/2018\/07\/LaborMarketOutlook2018M06-1.docx\">LaborMarketOutlook2018M06<\/a><\/strong><\/em><\/p>\n<p><em><strong>pdf.\u00a0<a href=\"http:\/\/betam.bahcesehir.edu.tr\/wp-content\/uploads\/2018\/07\/LaborMarketOutlook2018M06-1.pdf\">LaborMarketOutlook2018M06<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE DECREASE IN UNEMPLOYMENT STOPPED IN MARCH Seyfettin G\u00fcrsel and Yazg\u0131 Gen\u00e7 Seasonally adjusted labor market data shows that non-agricultural unemployment rate remained at 11.7 percent in the period of March. The non-agricultural unemployment rate decreased from 13.6 to 11.7 in the last year as a consequence of high GDP growth in 2017. As result, [&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-7578","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\/7578","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=7578"}],"version-history":[{"count":3,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7578\/revisions"}],"predecessor-version":[{"id":7650,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/posts\/7578\/revisions\/7650"}],"wp:attachment":[{"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/media?parent=7578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/categories?post=7578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/betam.bahcesehir.edu.tr\/en\/wp-json\/wp\/v2\/tags?post=7578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}