Infra-Annual Labor Statistics: Employees Total for G7
G7LFESEETTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
346,628,500.00
Year-over-Year Change
4.03%
Date Range
1/1/2003 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Employees Total for G7' series tracks the total number of employees in the seven largest advanced economies: the United States, Japan, Germany, the United Kingdom, France, Italy, and Canada. This metric provides timely insight into labor market trends in the world's leading industrialized nations.
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 series measures the total number of employed persons in the G7 countries on a monthly basis. It is a valuable leading indicator for analyzing the health of the global economy, as employment levels directly impact consumer spending, business investment, and other key economic drivers.
Methodology
The data is collected through surveys of businesses and households in each G7 country.
Historical Context
Policymakers and market analysts closely monitor this series to assess the strength of the global labor market and its implications for the broader economic outlook.
Key Facts
- The G7 economies account for over 60% of global nominal GDP.
- Total G7 employment reached a record high of 381 million in 2019.
- Employment levels in the G7 declined sharply during the COVID-19 pandemic but have since begun to recover.
FAQs
Q: What does this economic trend measure?
A: The 'Infra-Annual Labor Statistics: Employees Total for G7' series tracks the total number of employed persons in the seven largest advanced economies: the United States, Japan, Germany, the United Kingdom, France, Italy, and Canada.
Q: Why is this trend relevant for users or analysts?
A: This metric provides timely insight into labor market trends in the world's leading industrialized nations, which is a crucial indicator for assessing the health of the global economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households in each G7 country.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this series to assess the strength of the global labor market and its implications for the broader economic outlook.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a relatively short time lag, providing timely insight into labor market conditions.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for G7
G7LFHU24FESTM
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for G7
G7LFUN64TTSTSAQ
Consumer Price Index: OECD Groups: All items non-food non-energy: Total for G7
G7CPGRLE01GPM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for G7
G7LRHUTTFESTSAM
Balance of Payments: Services: Expenditure for G7
G7B6DBSE01CXCUQ
Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for G7
G7LFUN24FESTSAQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employees Total for G7 (G7LFESEETTSTSAQ), retrieved from FRED.