Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 64 Years for Turkiye
Annual, Seasonally Adjusted
LRUN64FETRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.08
Year-over-Year Change
25.45%
Date Range
1/1/2006 - 1/1/2024
Summary
This economic indicator measures the annual, seasonally adjusted unemployment rate in the U.S. labor force. It is a key metric used by policymakers to assess the overall health and stability of the 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 annual, seasonally adjusted unemployment rate tracks the percentage of the total civilian labor force that is jobless but actively seeking employment. This trend provides a comprehensive, annualized view of labor market conditions and is widely referenced by economists and government agencies.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for monetary and fiscal policy decisions that aim to balance employment, inflation, and economic growth.
Key Facts
- The U.S. unemployment rate reached a high of 14.7% in April 2020 due to the COVID-19 pandemic.
- The lowest recorded unemployment rate in the U.S. was 3.5% in September 2019.
- Unemployment is a lagging economic indicator, often rising after the start of a recession.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted unemployment rate tracks the percentage of the total civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of labor market conditions and overall economic health, providing important insights for policymakers, businesses, and individuals.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical input for monetary and fiscal policy decisions that aim to balance employment, inflation, and economic growth.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted unemployment rate data is typically released with a 1-month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN64FETRA156S), retrieved from FRED.