Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for G7
G7LFHUTTMASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,985,533.00
Year-over-Year Change
6.36%
Date Range
1/1/1991 - 1/1/2025
Summary
The G7 Monthly Unemployment Male: 15 Years or over trend measures the unemployment rate for males aged 15 and above across the G7 countries. This key labor market indicator provides insight into economic conditions and helps policymakers assess employment trends.
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 monthly unemployment rate series tracks the percentage of the male labor force aged 15 and older who are jobless but actively seeking work across the G7 nations of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The data is a valuable input for cross-country economic analysis and policy decisions.
Methodology
The data is collected through household labor force surveys conducted by the national statistical agencies of each G7 country.
Historical Context
Policymakers and analysts use this indicator to monitor labor market health and inform macroeconomic policies.
Key Facts
- The G7 countries account for over 30% of global GDP.
- Male unemployment rates vary widely across the G7, from under 3% in Japan to over 10% in Italy.
- Unemployment data is a key input for central bank policy decisions.
FAQs
Q: What does this economic trend measure?
A: The G7 Monthly Unemployment Male: 15 Years or over trend tracks the unemployment rate for males aged 15 and above across the G7 major advanced economies.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into labor market conditions and economic performance in the world's leading industrialized nations, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is gathered through household labor force surveys conducted by the national statistical agencies of each G7 country.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor this unemployment indicator to assess the health of the labor market and inform macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be lags of several weeks before the latest figures are released due to the time required for data collection and aggregation across the G7 nations.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for G7 (G7LFHUTTMASTQ), retrieved from FRED.