Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Turkiye
Quarterly, Seasonally Adjusted
LRUN55TTTRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.12
Year-over-Year Change
-24.80%
Date Range
1/1/2006 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the unemployment rate among the civilian labor force in the United States. This key economic indicator provides insight into the health and stability of the US job 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 Quarterly, Seasonally Adjusted unemployment rate is a widely followed metric that tracks the percentage of the civilian labor force that is jobless but actively seeking employment. It is a crucial barometer of economic conditions and a data point closely monitored by policymakers, economists, and investors.
Methodology
The data is collected through the Current Population Survey conducted by the US Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The unemployment rate is a critical input for Federal Reserve monetary policy decisions and is closely watched by financial markets.
Key Facts
- The US unemployment rate averaged 5.8% in 2022.
- The unemployment rate peaked at 14.7% in April 2020 during the COVID-19 pandemic.
- The civilian labor force comprises non-institutionalized adults aged 16 and over.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted unemployment rate measures the percentage of the civilian labor force that is jobless but actively seeking employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key economic indicator that provides insight into the health of the job market and broader economic conditions. It is closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the US Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for Federal Reserve monetary policy decisions and is closely watched by financial markets to gauge the strength of the US economy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted unemployment rate is published with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN55TTTRQ156S), retrieved from FRED.