Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 64 Years for Turkiye
LRUN64MATRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.28
Year-over-Year Change
-6.73%
Date Range
1/1/2006 - 1/1/2024
Summary
The Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 64 Years for Turkiye measures the seasonally adjusted unemployment rate for men aged 15 to 64 in Turkiye. This key indicator provides insight into the labor market and economic conditions.
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
This series represents the unemployment rate for male workers aged 15 to 64 in Turkiye. It is a critical metric used by economists and policymakers to assess the health of the Turkish labor market and broader economy.
Methodology
The data is collected through household surveys conducted by the Turkish Statistical Institute.
Historical Context
The unemployment rate is a key input for monetary and fiscal policy decisions in Turkiye.
Key Facts
- Turkiye's male unemployment rate averaged 11.4% in 2021.
- The unemployment rate for Turkish men peaked at 14.1% in 2020 due to the COVID-19 pandemic.
- Male unemployment is higher than the overall national rate in Turkiye.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted unemployment rate for men aged 15 to 64 in Turkiye.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a key indicator of labor market conditions and economic performance in Turkiye.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: The male unemployment rate is a critical input for monetary and fiscal policy decisions in Turkiye.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and updates based on the timing of the household surveys.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 64 Years for Turkiye (LRUN64MATRA156N), retrieved from FRED.