Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for G7
G7LFEM24TTGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.32
Year-over-Year Change
-87.84%
Date Range
4/1/2005 - 1/1/2018
Summary
The 'Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for G7' trend measures employment levels for people aged 15 to 24 across the G7 countries. This data provides insights into youth labor market dynamics.
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 economic indicator tracks monthly employment for the 15-24 age cohort in the G7 nations, which include the United States, Canada, United Kingdom, France, Germany, Italy, and Japan. The data is a key measure of youth labor force participation and can signal broader economic conditions.
Methodology
The data is collected through national labor force surveys in each G7 country.
Historical Context
Policymakers and analysts monitor this indicator to assess the health of youth employment and broader labor market trends.
Key Facts
- G7 countries include the US, Canada, UK, France, Germany, Italy, and Japan.
- The 15-24 age cohort represents the youth labor force.
- Employment data is collected through national labor force surveys.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment levels for individuals aged 15 to 24 years old across the G7 countries.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into youth labor market dynamics, which is an important indicator of broader economic conditions.
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: Policymakers and analysts monitor this indicator to assess the health of youth employment and labor market trends.
Q: Are there update delays or limitations?
A: The data is subject to the update schedules and potential limitations of the national labor force surveys in each G7 country.
Related Trends
Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for G7
G7LFWATTMASTQ
Balance of Payments: Direct Investment: Net (Assets Minus Liabilities) for G7
G7B6FADI01CXCUQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for G7
G7LFWA64TTSTSAQ
Balance of Payments: Primary Income: Expenditure for G7
G7B6DBPI01CXCUQ
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for G7
G7B6BLTT02STSAQ
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for G7
G7NAEXKP04GPSAQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for G7 (G7LFEM24TTGPQ), retrieved from FRED.