Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for G7
G7LFAC24MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,932,100.00
Year-over-Year Change
7.07%
Date Range
4/1/2003 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for G7' series measures the size of the male labor force aged 15 to 24 across the Group of Seven (G7) major advanced economies. This data is a key indicator of youth employment trends that informs economic policymakers.
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 quarterly series tracks the size of the male labor force aged 15 to 24 in the G7 countries, which include Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. It provides insights into the participation of young men in the workforce, which is an important factor for assessing economic conditions and long-term growth potential.
Methodology
The data is collected through national labor force surveys in each G7 country.
Historical Context
This labor force participation metric is used by policymakers, economists, and analysts to evaluate employment trends and inform economic policy decisions.
Key Facts
- The G7 countries account for over 30% of global GDP.
- Male labor force aged 15-24 makes up about 10% of the total G7 labor force.
- Youth unemployment remains a persistent challenge in many G7 economies.
FAQs
Q: What does this economic trend measure?
A: This series measures the size of the male labor force aged 15 to 24 across the Group of Seven (G7) major advanced economies.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into youth employment trends, which is an important factor for assessing economic conditions and long-term growth potential.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys in each G7 country.
Q: How is this trend used in economic policy?
A: This labor force participation metric is used by policymakers, economists, and analysts to evaluate employment trends and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a potential delay of several weeks or months depending on the source country.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for G7
G7LFIN55TTSTQ
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for G7
G7LFHU24FESTM
International Merchandise Trade Statistics: Imports: Commodities for G7
G7XTIMVA01CXMLM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for G7
G7LFIN25TTSTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 25 to 54 Years for G7
G7LFIN25FESTQ
International Trade: Imports: Value (goods): Total for G7
G7XTIMVA01STSAQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for G7 (G7LFAC24MASTQ), retrieved from FRED.