Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for G7
G7LFAC64TTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
372,060,700.00
Year-over-Year Change
3.42%
Date Range
4/1/2003 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for G7' series tracks the total labor force aged 15 to 64 across the G7 group of leading industrialized nations. This metric provides valuable insights into workforce participation and economic activity.
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 data series represents the total labor force, defined as the population aged 15-64, for the G7 countries which include the United States, Japan, Germany, United Kingdom, France, Italy, and Canada. It is a key indicator of the size and composition of the working-age population and a core input for economic analysis and policymaking.
Methodology
The data is collected through national labor force surveys and aggregated by the OECD.
Historical Context
This metric is closely monitored by economists, policymakers, and market analysts to assess the scale and dynamics of the working-age population in major developed economies.
Key Facts
- The G7 countries account for over 30% of global GDP.
- The labor force aged 15-64 totaled over 522 million in 2022.
- Italy has the lowest labor force participation rate among G7 nations.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total labor force aged 15 to 64 years old across the G7 group of major developed economies.
Q: Why is this trend relevant for users or analysts?
A: The size and dynamics of the working-age population is a key indicator of economic activity and a crucial input for policy and market analysis.
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: Policymakers and economists closely monitor this metric to assess workforce participation and understand economic conditions in major developed countries.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis with a short lag, providing timely insights but subject to potential revisions.
Related Trends
Balance of Payments: Other Investment: Assets (or Net Acquisition of Assets) for G7
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Infra-Annual Labor Statistics: Labor Force Total: From 55 to 64 Years for G7
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Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for G7
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for G7
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Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for G7
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Consumer Price Index: OECD Groups: All items non-food non-energy: Total for G7
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for G7 (G7LFAC64TTSTQ), retrieved from FRED.