Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Turkiye
LREM64TTTRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.97
Year-over-Year Change
5.88%
Date Range
1/1/2006 - 1/1/2025
Summary
The Employment Rate Total: From 15 to 64 Years for Turkiye is an important economic indicator that measures the percentage of the working-age population in Turkiye that is employed. This statistic provides insights into the overall health and productivity of the Turkiye labor market.
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 Employment Rate Total measures the ratio of the employed population aged 15 to 64 years to the total working-age population in Turkiye. It is a key metric used by economists and policymakers to assess the level of economic activity, labor market participation, and the effectiveness of employment policies in the country.
Methodology
The data is collected by the Turkiye Statistical Institute through household surveys.
Historical Context
This employment rate is closely monitored by the government, central bank, and financial markets to gauge the strength of the Turkiye economy.
Key Facts
- The employment rate in Turkiye was 55.1% in 2021.
- The rate has increased from 45.5% in 2010.
- Turkiye aims to reach a 70% employment rate by 2023.
FAQs
Q: What does this economic trend measure?
A: The Employment Rate Total: From 15 to 64 Years for Turkiye measures the percentage of the working-age population in Turkiye that is employed.
Q: Why is this trend relevant for users or analysts?
A: This employment rate is a key indicator of the overall health and productivity of the Turkiye labor market, providing insights that are important for economists, policymakers, and financial market participants.
Q: How is this data collected or calculated?
A: The data is collected by the Turkiye Statistical Institute through household surveys.
Q: How is this trend used in economic policy?
A: The employment rate is closely monitored by the Turkiye government, central bank, and financial markets to gauge the strength of the economy and the effectiveness of employment policies.
Q: Are there update delays or limitations?
A: The data is released on a regular basis with minimal delay, providing timely information on the Turkiye labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Turkiye (LREM64TTTRQ156S), retrieved from FRED.