Asymmetric Labor Market Effects of the 2008-9 Crisis

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18.12.2010 EAF-Challenges to Employment Policy in Turkey 1 Asymmetric Labor Market Effects of the 2008-9 Crisis Prof. Seyfettin Gürsel Director Assist. Prof. Gökçe Uysal-Kolaşin Vice Director Bahçeşehir University Center for Economic and Social Research (Betam)

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Asymmetric Labor Market Effects of the 2008-9 Crisis. Prof. Seyfettin Gürsel Director Assist. Prof. Gökçe Uysal-Kolaşin Vice Director Bahçeşehir University Center for Economic and Social Research (Betam). Employment and Labor Force ( Seasonally adjusted ). Unemployment. - PowerPoint PPT Presentation

Transcript of Asymmetric Labor Market Effects of the 2008-9 Crisis

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Asymmetric Labor Market Effects of the 2008-9 Crisis

Prof. Seyfettin GürselDirector

Assist. Prof. Gökçe Uysal-KolaşinVice Director

Bahçeşehir University Center for Economic and Social Research (Betam)

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Employment and Labor Force (Seasonally adjusted)

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UnemploymentSeasonally adjusted unemployment rate and total number of unemployed

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Non-Agricultural Employment and Labor Force (Seasonally adjusted)

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Non-Agricultural UnemploymentSeasonally adjusted NA unemployment rate and number of unemployed

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Sectoral Change in Employment

Grey line: raw series Blue line: Seasonally adjusted series

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Decompositon of Employment ChangeSeasonally Adjusted QoQ

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Decomposition of unemployment (YoY change)

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Decomposition of unemployment - Male (YoY change)

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Decomposition of unemployment - Female (YoY change)

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Employment in Manufacturing Sector (YoY change)

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Regular/casual Wage Earners in NA Sectors (YoY change)

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Difference in Differences – Calculation Methodology

Difference in difference = (Female emp. aged over 30 (t+1) - Female emp. aged over 30 (t)) - ( Male emp. aged over 30 (t+1) - Male emp. aged over 30 (t) )

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Difference in DifferencesDifference in formal and informal employment changes (NA)

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Diff in Diff – Industry of employmentDifference in formal employment changes (in thousands)

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Diff in Diff – EducationDifference in formal employment changes (in thousands)

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Employment in Service Sector (YoY change)

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Own Account Workers in NA Sectors (YoY change)

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Employment and Growth

  NA Labor Force NA Employment

2005.Q1-2008.Q2 % 0,8 % 0,9

2008.Q2-2009.Q2 % 0,9 % -0,7

2009.Q2-2010.Q3 % 0,6 % 1,3

Quarterly average growth rates

Annual average growth rates  NA Labor Force NA Employment

2005.Q1-2008.Q2 % 3,2 % 3,6

2008.Q2-2009.Q2 % 3,6 % - 2,8

2009.Q2-2010.Q3 % 2,4 % 5,2

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