Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Turkiye
Quarterly
TURCP020000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
994.71
Year-over-Year Change
231.83%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly Turnover Rate in the Current Population Survey (CPS) measures the proportion of the U.S. civilian labor force that changed jobs in a given quarter. This key labor market indicator provides insights into the dynamism and flexibility of the economy.
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 Turnover Rate represents the share of employed individuals who were in a different job during the current quarter compared to the previous quarter. This metric is used by economists and policymakers to assess worker mobility, labor market flexibility, and the overall health of the U.S. job market.
Methodology
The Quarterly Turnover Rate is calculated by the U.S. Bureau of Labor Statistics using data from the Current Population Survey.
Historical Context
The Quarterly Turnover Rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and gauge labor market conditions.
Key Facts
- The Quarterly Turnover Rate averaged 5.4% in 2022.
- Job changes are more common among younger workers.
- Turnover rates tend to decline during economic recessions.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Turnover Rate measures the proportion of the U.S. civilian labor force that changed jobs in a given quarter.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into worker mobility, labor market flexibility, and the overall health of the U.S. job market, which are important considerations for economists and policymakers.
Q: How is this data collected or calculated?
A: The Quarterly Turnover Rate is calculated by the U.S. Bureau of Labor Statistics using data from the Current Population Survey.
Q: How is this trend used in economic policy?
A: The Quarterly Turnover Rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and gauge labor market conditions.
Q: Are there update delays or limitations?
A: The Quarterly Turnover Rate data is subject to the same update schedule and limitations as the Current Population Survey.
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Citation
U.S. Federal Reserve, Quarterly Turnover Rate (TURCP020000IXOBQ), retrieved from FRED.