Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for G7
G7LFHU24MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,607,133.00
Year-over-Year Change
19.16%
Date Range
1/1/2004 - 1/1/2025
Summary
This economic trend tracks monthly unemployment rates for males aged 15 to 24 across the G7 nations. It provides important insights into youth labor market dynamics and is a key indicator for policymakers and economists.
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: Monthly Unemployment Male: From 15 to 24 Years for G7 series measures the percentage of unemployed males aged 15 to 24 in the G7 countries, which include Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. This indicator offers timely data on youth employment trends and can inform economic and social policies.
Methodology
The data is collected through national labor force surveys in each G7 country.
Historical Context
This trend is closely monitored by government agencies, central banks, and international organizations to assess labor market conditions and the economic well-being of younger populations.
Key Facts
- Youth unemployment is a persistent challenge in many developed economies.
- The G7 nations account for over 30% of global GDP.
- Stable youth employment is linked to broader economic and social stability.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the monthly unemployment rate for males aged 15 to 24 across the G7 countries, providing insights into youth labor market dynamics.
Q: Why is this trend relevant for users or analysts?
A: Youth unemployment is a key concern for policymakers, as it can impact economic growth, social stability, and long-term career prospects. This trend offers timely data to assess labor market conditions for younger populations.
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: Government agencies, central banks, and international organizations closely monitor this indicator to inform policies aimed at promoting youth employment and economic well-being.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be slight delays in reporting across the different G7 countries.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for G7
G7LREMTTTTSTSAQ
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for G7
G7B6BLTT01CXCUQ
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for G7
G7LFAC24FESTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for G7
G7LFIN64FESTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for G7
G7LFIN24MASTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for G7
G7LFIN24TTSTQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for G7 (G7LFHU24MASTQ), retrieved from FRED.