Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Turkiye
LFEAINTTTRQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,748,000.00
Year-over-Year Change
3.13%
Date Range
1/1/2006 - 1/1/2025
Summary
This economic trend measures total employment in Turkey, excluding the construction industry. It provides valuable insights into the overall labor market conditions and economic activity within Turkey's industrial sector.
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 Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Turkey metric tracks the number of people employed in Turkey's industrial sector, excluding the construction industry. This indicator is useful for analyzing labor market dynamics and assessing the health of Turkey's industrial economy.
Methodology
The data is collected through surveys and administrative sources by the relevant statistical agencies in Turkey.
Historical Context
Policymakers and analysts use this trend to monitor the performance of Turkey's industrial sector and make informed decisions about economic policies.
Key Facts
- Turkey's industrial sector (excluding construction) employs over 5 million people.
- Employment in Turkey's industrial sector has grown by 3% annually over the past decade.
- The industrial sector accounts for approximately 25% of Turkey's total GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment in Turkey's industrial sector, excluding the construction industry. It provides insights into the labor market conditions and economic activity within Turkey's manufacturing, mining, and utilities sectors.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and investors as it offers valuable information about the performance and health of Turkey's industrial economy, which is a significant driver of the country's overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative sources by the relevant statistical agencies in Turkey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the performance of Turkey's industrial sector and make informed decisions about economic policies, such as industrial development strategies, labor market regulations, and trade policies.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly or quarterly basis, with some potential for minor delays in reporting. There may also be limitations in terms of industry classification or coverage of certain sub-sectors within the broader industrial category.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Turkiye (LFEAINTTTRQ647N), retrieved from FRED.