Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for G7
G7LFACTTTTGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.13
Year-over-Year Change
-143.25%
Date Range
7/1/1999 - 1/1/2018
Summary
The 'Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for G7' measures the total labor force aged 15 and older across the G7 nations. This key economic indicator provides insights into workforce participation and potential economic growth.
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 monthly labor force statistic represents the total number of employed and unemployed individuals aged 15 and above in the G7 countries, which include the United States, Japan, Germany, the United Kingdom, France, Italy, and Canada. Economists and policymakers analyze this data to assess the overall health and outlook of the G7 labor markets.
Methodology
The data is collected through national labor force surveys conducted by the statistical agencies of each G7 country.
Historical Context
Governments and central banks monitor this trend to inform economic and employment policies.
Key Facts
- The G7 includes the U.S., Japan, Germany, U.K., France, Italy, and Canada.
- The labor force includes both employed and unemployed individuals aged 15+.
- This data is published monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for G7' measures the total labor force aged 15 and older across the G7 nations.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insights into workforce participation and potential economic growth for the world's seven largest advanced economies.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the statistical agencies of each G7 country.
Q: How is this trend used in economic policy?
A: Governments and central banks monitor this trend to inform economic and employment policies.
Q: Are there update delays or limitations?
A: This data is published monthly by the U.S. Federal Reserve, with a lag of several weeks.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: 15 Years or over for G7
G7LFINTTFESTQ
Infra-Annual Labor Statistics: Working-Age Population Female: From 25 to 54 Years for G7
G7LFWA25FESTSAQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 64 Years for G7
G7LFIN64MASTQ
Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 64 Years for G7
G7LFWA64MASTQ
Balance of Payments: Financial Account: Assets (or Net Acquisition of Assets) for G7
G7B6FATC01CXCUQ
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for G7
G7LFEM55TTSTSAQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for G7 (G7LFACTTTTGPQ), retrieved from FRED.