Infra-Annual Labor Statistics: Unemployment Total: From 25 to 54 Years for Turkiye
LFUN25TTTRQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,858,299.00
Year-over-Year Change
-22.76%
Date Range
1/1/2006 - 1/1/2025
Summary
This economic trend measures the total unemployment rate for individuals aged 25 to 54 in Turkiye. It provides valuable insight into the labor market dynamics and economic conditions within this key demographic.
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: Unemployment Total: From 25 to 54 Years for Turkiye metric tracks the percentage of the labor force aged 25 to 54 who are unemployed. This data is used by economists and policymakers to assess the health of the Turkish labor market and inform economic policy decisions.
Methodology
The data is collected through household surveys conducted by the Turkish Statistical Institute.
Historical Context
This trend is closely monitored by the Turkish government, central bank, and international organizations to evaluate employment and economic performance.
Key Facts
- Turkiye's unemployment rate for ages 25-54 was 9.8% in 2021.
- Unemployment in this age group has decreased from a high of 12.1% in 2019.
- The 25-54 demographic makes up over 50% of Turkiye's total labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate for individuals aged 25 to 54 in Turkiye. It provides insight into labor market conditions for this key demographic.
Q: Why is this trend relevant for users or analysts?
A: This data is widely used by economists, policymakers, and analysts to assess the health of the Turkish labor market and inform economic policy decisions.
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: This trend is closely monitored by the Turkish government, central bank, and international organizations to evaluate employment and economic performance.
Q: Are there update delays or limitations?
A: The data is published regularly, but may be subject to revisions and delays typical of labor force survey data.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Total: From 25 to 54 Years for Turkiye (LFUN25TTTRQ647S), retrieved from FRED.