Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Turkiye
LRHUTTTTTRM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.40
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 5/1/2025
Summary
The Monthly Unemployment Rate Total: 15 Years or over for Turkiye is a key economic indicator that measures the percentage of the total labor force aged 15 and above who are unemployed in Turkiye on a monthly basis.
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 labor market statistic is widely used by economists, policymakers, and analysts to assess the overall health and dynamics of the Turkish economy. It provides insights into employment trends, workforce participation, and the strength of the labor market.
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 inform economic policies and decision-making.
Key Facts
- Turkiye's unemployment rate was 10.8% as of December 2022.
- The unemployment rate has fluctuated between 8-14% over the past 5 years.
- Unemployment is a key indicator of the overall health of the Turkish economy.
FAQs
Q: What does this economic trend measure?
A: The Monthly Unemployment Rate Total: 15 Years or over for Turkiye measures the percentage of the total labor force aged 15 and above who are unemployed in Turkiye on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This labor market statistic is widely used by economists, policymakers, and analysts to assess the overall health and dynamics of the Turkish economy, providing insights into employment trends, workforce participation, and the strength of the labor market.
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 inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for minor delays in data collection and publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Turkiye (LRHUTTTTTRM156S), retrieved from FRED.