Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 24 Years for Turkiye
Quarterly, Seasonally Adjusted
LRUN24MATRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.41
Year-over-Year Change
-40.31%
Date Range
1/1/2006 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the civilian labor force participation rate in the United States. This key economic indicator provides insights into labor market dynamics and workforce participation.
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 civilian labor force participation rate represents the percentage of the civilian noninstitutional population that is either employed or actively seeking employment. This metric is closely watched by policymakers and analysts to gauge the health and utilization of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a crucial input for assessing employment levels, economic growth, and the effectiveness of labor market policies.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and individuals with disabilities.
- Women's labor force participation has increased significantly since the 1950s.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the percentage of the civilian noninstitutional population that is either employed or actively seeking employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of labor market health and workforce utilization, providing insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, central banks, and analysts to assess the state of the labor market, inform employment policies, and evaluate the effectiveness of economic interventions.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted data is released with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN24MATRQ156S), retrieved from FRED.