Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Turkiye
LFHU24MATRA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
469,166.70
Year-over-Year Change
13.10%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the monthly unemployment rate for males aged 15 to 24 in Türkiye. It provides valuable insights into the labor market conditions and employment trends for young workers.
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 Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Türkiye series tracks the unemployment rate for a key demographic group within the Turkish labor force. This data is used by economists, policymakers, and analysts to assess the overall health of the labor market and inform economic policies.
Methodology
The data is collected through surveys and household-level interviews conducted by the Turkish Statistical Institute.
Historical Context
This employment trend is closely monitored by the Turkish government and central bank to guide economic and labor market policies.
Key Facts
- Türkiye has a large, young population, with over 25% under the age of 24.
- Youth unemployment is a persistent challenge in the Turkish economy.
- The unemployment rate for young males is typically higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 to 24 in Türkiye.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the labor market conditions and employment trends for a key demographic group in the Turkish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys and household-level interviews conducted by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by the Turkish government and central bank to guide economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Turkiye (LFHU24MATRA647N), retrieved from FRED.