Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for G7
G7LFAC24FESTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,128,470.00
Year-over-Year Change
4.82%
Date Range
4/1/2003 - 1/1/2025
Summary
This economic trend measures the labor force participation rate for females aged 15 to 24 in the G7 countries. It provides insights into the workforce engagement of young women, which is a key indicator of economic opportunity and gender equality.
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: Labor Force Female: From 15 to 24 Years for G7 series tracks the percentage of women aged 15 to 24 who are employed or actively seeking work across the major advanced economies. This metric is used by economists and policymakers to assess labor market dynamics and labor force composition.
Methodology
The data is collected through national labor force surveys and aggregated by the OECD.
Historical Context
This trend is widely used to inform economic and social policies aimed at promoting youth employment and gender parity in the workforce.
Key Facts
- The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- Youth labor force participation rates tend to be lower than overall labor force participation rates.
- Improving young women's labor force participation is a key policy goal for advancing gender equality.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for females aged 15 to 24 in the G7 countries, providing insights into the workforce engagement of young women.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to assess labor market dynamics and labor force composition, particularly in the context of promoting youth employment and gender equality.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and aggregated by the OECD.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform economic and social policies aimed at promoting youth employment and gender parity in the workforce.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, so there may be some delays in availability compared to more frequently updated labor market indicators.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for G7 (G7LFAC24FESTQ), retrieved from FRED.