Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for Turkiye
Quarterly, Not Seasonally Adjusted
LFHU24FETRQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
411,333.30
Year-over-Year Change
-4.42%
Date Range
1/1/2005 - 4/1/2025
Summary
This economic trend measures the labor force participation rate for the U.S. civilian non-institutional population aged 24 years and over. It provides insight into the size and engagement of the working-age population.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The labor force participation rate represents the percentage of the civilian non-institutional population aged 24 and over who are either employed or actively seeking work. This metric is closely monitored by economists and policymakers to gauge the health and utilization of the labor market.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a key indicator used by the Federal Reserve and other agencies to inform economic and policy decisions.
Key Facts
- The labor force participation rate peaked at 67.3% in 2000.
- Women's labor force participation has increased from 43% in 1970 to 57% in 2021.
- Participation rates are lower for older workers nearing retirement age.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population aged 24 and over who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the labor market, providing insights into workforce engagement and the available supply of workers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by the Federal Reserve and other policymakers to inform economic decisions and policy responses.
Q: Are there update delays or limitations?
A: The data is released quarterly with a typical 1-2 month delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHU24FETRQ647N), retrieved from FRED.