Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row

EconomyMacroeconomy Tags: Labour, Unemployment
Photo by MacroPolis
Photo by MacroPolis

The employment balance displayed net hirings of 76,591 in May 2016, down by 9,555 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data showed on Wednesday.

In addition, this year’s figure means that there has been a positive balance for the fourth straight month, while is the second highest May reading for since 2001.

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