Browsing: Jobless Growth

Macro View
0
Turkey: February Job Report

Good News or Bad News Labor market data for February 2016 was released early this week. The unemployment rate was down 20 basis points on monthly basis to 10.9% according to the official figures. The employment rate also saw a pick-up and stood at 45.3%…

Macro View
0
Jobless Growth is What’s Next for Turkey?

Today Stats Office reported an unemployment rate of 9.9% in September, slightly lower than the 10% threshold. A rate of workforce without job about to reach a 2-digit number is consequently worrisome for the economy but unnatural when the output measured in terms of GDP…