Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Slovak Republic
Monthly, Seasonally Adjusted
LMUNRRTTSKM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.12
Year-over-Year Change
-7.31%
Date Range
4/1/1990 - 12/1/2023
Summary
The 'Monthly, Seasonally Adjusted' trend measures the unemployment rate in Thailand. This key economic indicator provides insights into the health of the Thai labor market and is closely watched 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
This monthly, seasonally adjusted unemployment rate series tracks the percentage of the Thai labor force that is jobless but actively seeking employment. Analyzing trends in this data helps economists and government officials assess the broader state of the Thai economy.
Methodology
The data is collected through household surveys conducted by Thailand's National Statistical Office.
Historical Context
The Thai unemployment rate is an important input for monetary and fiscal policies aimed at promoting stable economic growth.
Key Facts
- Thailand's unemployment rate averaged 1.13% from 2001 to 2022.
- The highest recorded unemployment rate in Thailand was 5.73% in June 2020.
- The lowest recorded unemployment rate in Thailand was 0.36% in June 2012.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, seasonally adjusted unemployment rate in Thailand, which represents 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 key indicator of the health of the Thai labor market and broader economy, 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 Thailand's National Statistical Office.
Q: How is this trend used in economic policy?
A: The Thai unemployment rate is an important input for monetary and fiscal policies aimed at promoting stable economic growth and full employment in the country.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be occasional delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LMUNRRTTSKM156S), retrieved from FRED.