Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for G7

G7LFEAAGTTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6,592,763.00

Year-over-Year Change

-5.55%

Date Range

1/1/2003 - 1/1/2025

Summary

The 'Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for G7' series measures employment in the agriculture, forestry, and fishing sectors across the G7 countries. This key economic indicator provides insights into the labor market and productivity in these vital industries.

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 tracks the total employment in the agriculture, forestry, and fishing sectors for the G7 countries, which include Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. It is an important measure of economic activity and productivity in these sectors that contribute significantly to global food and resource supplies.

Methodology

The data is collected and aggregated by national statistical agencies and compiled by the Federal Reserve.

Historical Context

Economists and policymakers use this data to assess the overall health and trends in the G7 countries' primary industries.

Key Facts

  • The G7 countries account for over 30% of global GDP.
  • The agriculture, forestry, and fishing sectors employ millions of workers across the G7.
  • Employment in these sectors has declined in recent decades due to automation and industry consolidation.

FAQs

Q: What does this economic trend measure?

A: This series measures total employment in the agriculture, forestry, and fishing sectors across the G7 countries, providing insights into labor market activity in these vital industries.

Q: Why is this trend relevant for users or analysts?

A: This data is important for understanding economic productivity and labor market trends in the G7 countries' primary industries, which are crucial for global food and resource supplies.

Q: How is this data collected or calculated?

A: The data is collected and aggregated by national statistical agencies and compiled by the Federal Reserve.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this data to assess the overall health and trends in the G7 countries' agriculture, forestry, and fishing sectors, which are vital for global economic stability and growth.

Q: Are there update delays or limitations?

A: The data is published on an infra-annual basis, with some potential for delays in reporting from national statistical agencies.

Related Trends

Citation

U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for G7 (G7LFEAAGTTSTSAQ), retrieved from FRED.