Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: New Vacancies for Turkiye
Quarterly, Not Seasonally Adjusted
LMJVTTNVTRQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
214,316.00
Year-over-Year Change
28.38%
Date Range
1/1/1955 - 1/1/2023
Summary
This economic trend measures the quarterly, not seasonally adjusted labor force participation rate for the U.S. economy. It is a key indicator of workforce utilization and labor market health.
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 labor force participation rate measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. This data provides insights into labor market trends and is used by policymakers and analysts to assess economic conditions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This metric is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The labor force participation rate was 62.2% in Q4 2022.
- The rate has declined from a peak of 67.3% in early 2000.
- Participation remains below pre-pandemic levels of around 63%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of workforce utilization and labor market health, providing insights into economic conditions that inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, and does not account for seasonal factors.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LMJVTTNVTRQ647N), retrieved from FRED.