Infra-Annual Labor Statistics: Unemployment Rate Male: 15 Years or over for Turkiye
Quarterly, Seasonally Adjusted
LRUNTTMATRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.52
Year-over-Year Change
-31.85%
Date Range
1/1/2006 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the U.S. civilian labor force participation rate on a quarterly, seasonally adjusted basis. This metric is a key indicator of economic health and labor market trends.
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 tracks the percentage of the civilian noninstitutional population aged 16 and over that is employed or actively seeking work. This data point provides insights into labor market dynamics and the willingness of the population to participate in the workforce.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. economy and labor market.
Key Facts
- The labor force participation rate peaked at 67.3% in early 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- As of 2022, the labor force participation rate stands at 62.2%.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the civilian noninstitutional population aged 16 and over that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength of the labor market and the overall economy. It provides insights into the willingness and ability of the population to participate in the workforce.
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: Policymakers, economists, and market analysts closely monitor the labor force participation rate to gauge the health of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted series is updated on a regular basis with a short delay, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUNTTMATRQ156S), retrieved from FRED.