Monthly, Seasonally Adjusted
TUREMPFEMMDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,198.21
Year-over-Year Change
6.76%
Date Range
1/1/2005 - 1/1/2012
Summary
The Unemployment Rate for Turkey, Seasonally Adjusted measures the percentage of the Turkish labor force that is unemployed but actively seeking work. This key economic indicator provides insight into the overall health of the Turkish 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 Unemployment Rate for Turkey, Seasonally Adjusted is a widely-tracked economic statistic that reflects the share of the Turkish labor force that is jobless but actively looking for employment. This metric is used by policymakers, economists, and market analysts to assess the strength of the Turkish labor market and broader economic conditions.
Methodology
The data is collected through household surveys and compiled by the Turkish Statistical Institute.
Historical Context
The Turkish unemployment rate is a crucial input for economic forecasting and policy decisions.
Key Facts
- Turkey's unemployment rate was 11.2% as of the latest data.
- Unemployment has risen from pre-pandemic levels of around 9%.
- The jobless rate is closely watched by the Central Bank of Turkey.
FAQs
Q: What does this economic trend measure?
A: The Unemployment Rate for Turkey, Seasonally Adjusted measures the percentage of the Turkish labor force that is unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The Turkish unemployment rate is a key indicator of the health of the labor market and broader economic conditions, providing important insight for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and compiled by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: The Turkish unemployment rate is a crucial input for economic forecasting and policy decisions made by the Central Bank of Turkey and other government institutions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely information on the state of the Turkish labor market.
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Citation
U.S. Federal Reserve, Unemployment Rate for Turkey, Seasonally Adjusted (TUREMPFEMMDSMEI), retrieved from FRED.