"Labor Market Outlook" Research from BETAM

The Bahçeşehir University Center for Economic and Social Research,BETAM, has published the note"Strong Increase in Labor Force and Employment Continues"in its seriesLabor Market Outlook: March 2013, prepared by Prof. Dr. Seyfettin Gürsel, Assist. Prof. Dr. Gökçe Uysal and Research Assistant Ayşenur Acar.

Executive Summary

According to the annual data released by TÜİK, there are significant increases in non-agricultural employment, but unemployment figures are rising on an annual basis due to strong increases in the labor force. Seasonally adjusted figures, on the other hand, show that unemployment remained flat in the monthly data. Non-agricultural unemployment stood at 11.8 percent in December 2012, the same level as in November. Our analysis using Kariyer.net data indicates that this trend will continue in January 2013.

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