Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Turkiye
LFHU24MATRQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
385,333.30
Year-over-Year Change
-34.91%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the monthly unemployment rate for males aged 15 to 24 in Türkiye. Understanding youth unemployment patterns is crucial for economists and policymakers focused on labor market dynamics and economic development.
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: Monthly Unemployment Male: From 15 to 24 Years for Türkiye tracks the unemployment rate for a key demographic segment of the Turkish labor force. This data is widely used to analyze workforce participation, skill mismatches, and the overall health of the Turkish economy.
Methodology
The data is collected through household surveys by the Turkish Statistical Institute.
Historical Context
This unemployment trend provides important context for economic and policy decisions related to youth employment, education, and workforce development in Türkiye.
Key Facts
- Türkiye has a large, youthful population with a median age of 32.7 years.
- Youth unemployment remains a persistent challenge in the Turkish economy.
- Reducing youth unemployment is a key policy priority for the Turkish government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate for males aged 15 to 24 in Türkiye. It provides insights into labor market dynamics and workforce participation for a key demographic segment.
Q: Why is this trend relevant for users or analysts?
A: Understanding youth unemployment patterns is crucial for economists and policymakers focused on labor market dynamics, economic development, and workforce planning in Türkiye.
Q: How is this data collected or calculated?
A: The data is collected through household surveys by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: This unemployment trend provides important context for economic and policy decisions related to youth employment, education, and workforce development in Türkiye.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with typical update delays of 4-6 weeks.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for Turkiye (LFHU24MATRQ647S), retrieved from FRED.