Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7
G7LFEM55MAGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.19
Year-over-Year Change
-40.51%
Date Range
4/1/2005 - 1/1/2018
Summary
The 'Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7' measures the employment rate for men aged 55 to 64 in the G7 countries. This statistic is a key indicator of labor force participation and economic activity among older workers.
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 tracks the monthly employment rate for males aged 55-64 across the G7 nations (Canada, France, Germany, Italy, Japan, United Kingdom, United States). It provides insights into labor market trends and the economic status of older workers in major developed economies.
Methodology
The data is collected through national labor force surveys in each G7 country.
Historical Context
Policymakers and economists analyze this metric to assess workforce demographics, retirement patterns, and the economic integration of older adults.
Key Facts
- The G7 average employment rate for men aged 55-64 was 68.2% in 2021.
- Japan had the highest 55-64 male employment rate among G7 countries at 84.3% in 2021.
- Italy had the lowest 55-64 male employment rate in the G7 at 57.9% in 2021.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the monthly employment rate for males aged 55-64 across the G7 nations, providing insights into labor market trends and the economic status of older workers in major developed economies.
Q: Why is this trend relevant for users or analysts?
A: Policymakers and economists analyze this metric to assess workforce demographics, retirement patterns, and the economic integration of older adults.
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: This trend is used by policymakers and economists to understand workforce demographics and labor force participation among older workers in major developed economies.
Q: Are there update delays or limitations?
A: The data is subject to the update schedules and methodological limitations of the national labor force surveys in each G7 country.
Related Trends
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Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for G7
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Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 64 Years for G7
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7 (G7LFEM55MAGPQ), retrieved from FRED.