Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7
G7LFEM55MAGPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.51
Year-over-Year Change
81.40%
Date Range
4/1/2005 - 1/1/2018
Summary
The 'Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7' tracks employment levels among men aged 55 to 64 across the G7 countries. This metric provides insights into labor force participation and retirement trends within this demographic.
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 series measures the employment of men aged 55 to 64 in the G7 countries, which include Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. It is a valuable indicator for analyzing labor market conditions and workforce dynamics among older workers approaching retirement age.
Methodology
The data is collected through national labor force surveys conducted by statistical agencies in each G7 country.
Historical Context
Policymakers and economists use this metric to assess the impact of aging populations, labor force participation, and retirement policy on economic growth and productivity.
Key Facts
- The G7 countries account for over 30% of global GDP.
- Employment rates for men aged 55-64 vary significantly across the G7, from 58% in Italy to 78% in Japan.
- Trends in this metric can inform policies related to retirement age, pension systems, and workforce development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels of men aged 55 to 64 across the G7 countries, providing insights into labor force participation and retirement patterns within this demographic.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding workforce dynamics and the economic implications of aging populations in the G7 countries.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by statistical agencies in each G7 country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the impact of aging populations, labor force participation, and retirement policy on economic growth and productivity.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the national statistical agencies responsible for collecting the information.
Related Trends
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for G7
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Consumer Price Index: All items: Total: Total for G7
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Infra-Annual Labor Statistics: Employment Female: 15 Years or over for G7
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Infra-Annual Labor Statistics: Employment Male: From 25 to 54 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 (G7LFEM55MAGPSAQ), retrieved from FRED.