Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for G7
G7LFEM24FEGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.44
Year-over-Year Change
-79.83%
Date Range
4/1/2005 - 1/1/2018
Summary
This economic trend measures employment among females aged 15 to 24 years in the G7 group of industrialized nations. It provides valuable insights into labor market dynamics 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
The Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for G7 tracks the percentage of employed females within the 15 to 24 age group across the G7 countries. This metric is widely used by economists and policymakers to analyze workforce participation, skills development, and economic opportunities for young women.
Methodology
The data is collected through national labor force surveys in each of the G7 member states.
Historical Context
This trend is closely monitored by central banks, labor ministries, and international organizations to inform economic and social policies.
Key Facts
- The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- Young women aged 15-24 represent a key demographic for economic growth and development.
- Tracking female youth employment is crucial for monitoring progress towards gender parity in the workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate among females aged 15 to 24 years across the G7 industrialized nations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into labor market dynamics, workforce participation, and economic opportunities for young women, which are crucial for assessing progress towards gender equality and sustainable development.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys in each of the G7 member states.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by central banks, labor ministries, and international organizations to inform economic and social policies aimed at promoting female youth employment and gender parity in the workforce.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be occasional delays due to the time required for national statistical agencies to collect and harmonize the information across the G7 countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for G7 (G7LFEM24FEGPQ), retrieved from FRED.