Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Portugal
Monthly, Not Seasonally Adjusted
LMUNRLTTPTM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
317,659.00
Year-over-Year Change
3.47%
Date Range
1/1/1974 - 12/1/2023
Summary
This economic trend measures the monthly unemployment rate in Thailand, which is a key indicator of the country's labor market and overall economic performance.
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 monthly, not seasonally adjusted unemployment rate for Thailand provides a snapshot of the labor force and job market conditions in the country. It is widely used by economists, policymakers, and investors to assess the health of the Thai economy.
Methodology
The data is collected through household surveys conducted by the National Statistical Office of Thailand.
Historical Context
This unemployment rate trend is closely monitored for its implications on Thailand's economic and monetary policies.
Key Facts
- Thailand's unemployment rate averaged 1.13% from 2001 to 2022.
- The highest recorded unemployment rate in Thailand was 2.10% in April 2020.
- Thailand's labor force participation rate was 67.8% as of 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate in Thailand, which reflects the percentage of the Thai labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Thai unemployment rate is a crucial indicator of the country's overall economic health and labor market conditions, informing policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the National Statistical Office of Thailand.
Q: How is this trend used in economic policy?
A: Thailand's unemployment rate is closely monitored by policymakers and central bankers to assess the state of the labor market and guide economic and monetary policies.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly, with a typical lag of several weeks to a few months.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LMUNRLTTPTM647N), retrieved from FRED.