Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Turkiye
LFHUTTTTTRM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,972,000.00
Year-over-Year Change
-1.88%
Date Range
1/1/2005 - 5/1/2025
Summary
This trend measures the total unemployment of individuals aged 15 and over in Turkiye on a monthly basis. It provides critical insights into the health of Turkiye's labor market and is closely monitored by economists and policymakers.
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 Total: 15 Years or over for Turkiye series tracks the total number of unemployed persons aged 15 and above in Turkiye. It is a key indicator of the country's labor market conditions and economic performance.
Methodology
The data is collected through household surveys conducted by the Turkish Statistical Institute.
Historical Context
This trend is widely used by economists, analysts, and policymakers to assess the state of the Turkiye economy and inform policy decisions.
Key Facts
- Turkiye's unemployment rate was 10.9% as of the latest data.
- The unemployment trend has shown signs of improvement in recent months.
- Youth unemployment remains a persistent challenge in Turkiye.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unemployed individuals aged 15 and over in Turkiye on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The unemployment trend is a crucial indicator of Turkiye's labor market conditions and overall economic performance, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers in Turkiye closely monitor this trend to assess the health of the labor market and inform policy decisions aimed at promoting employment and economic growth.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in the availability of the latest figures.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Turkiye (LFHUTTTTTRM647S), retrieved from FRED.