Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Turkiye
LMUNRLTTTRM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,628,100.00
Year-over-Year Change
-28.80%
Date Range
1/1/1962 - 3/1/2023
Summary
This economic trend measures registered unemployment levels in Turkiye's total economy. It provides important insights into labor market conditions and is closely monitored by 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 Registered Unemployment and Job Vacancies data tracks the number of individuals registered as unemployed in Turkiye's national labor force. This metric serves as a key indicator of overall employment and economic activity.
Methodology
The data is collected through national unemployment registrations and surveys.
Historical Context
This trend is widely used by economists, policymakers, and financial analysts to assess the health of Turkiye's labor market and inform economic decision-making.
Key Facts
- Turkiye's registered unemployment rate was 11.2% as of the latest data.
- Registered unemployment levels have declined steadily over the past 5 years.
- The data is published on a monthly basis by the Turkish government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals registered as unemployed in Turkiye's national labor force.
Q: Why is this trend relevant for users or analysts?
A: The registered unemployment data provides key insights into the overall health of Turkiye's labor market and is closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through national unemployment registrations and surveys conducted by the Turkish government.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this unemployment data to assess labor market conditions and inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a short delay, providing timely insights into Turkiye's labor market trends.
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Citation
U.S. Federal Reserve, Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Turkiye (LMUNRLTTTRM647S), retrieved from FRED.