Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for G7
G7LFEM64TTGPSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.46
Year-over-Year Change
263.36%
Date Range
4/1/2005 - 1/1/2018
Summary
This economic series tracks total employment for individuals aged 15 to 64 years old across the G7 countries. It provides crucial insights into labor market dynamics and workforce participation essential for policymakers and analysts.
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 Total: From 15 to 64 Years for G7 series measures the total number of employed persons between the ages of 15 and 64 across the seven major advanced economies of the G7. This high-frequency data offers timely insights into labor market trends and is a key input for economic forecasting and policy analysis.
Methodology
The data is collected through national labor force surveys in each G7 country and aggregated by the OECD.
Historical Context
Policymakers and economists closely monitor this employment trend to assess the strength of the labor market and broader economic conditions.
Key Facts
- The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- This series tracks employment for individuals aged 15-64, the prime working-age population.
- Monitoring this trend is crucial for assessing the health of the G7 labor markets and broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for G7 series tracks the total number of employed persons aged 15 to 64 across the seven major advanced economies of the G7.
Q: Why is this trend relevant for users or analysts?
A: This high-frequency employment data provides crucial insights into labor market dynamics and workforce participation, which are essential for policymakers and analysts assessing the strength of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys in each G7 country and aggregated by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment trend to assess the health of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, providing timely insights into labor market conditions across the G7 countries.
Related Trends
Balance of Payments: Financial Derivatives: Net (Assets Minus Liabilities) for G7
G7B6FAFD01CXCUQ
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for G7
G7LFHU24FESTQ
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for G7
G7LFAC25FESTSAQ
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for G7
G7LFAC24TTSTQ
Balance of Payments: Financial Account: Liabilities (or Net Incurrence of Liabilities) for G7
G7B6FATD01CXCUQ
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for G7
G7LFHU24FESTM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for G7 (G7LFEM64TTGPSAQ), retrieved from FRED.