Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for G7
G7LFWATTTTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
651,666,300.00
Year-over-Year Change
2.54%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for G7' measures the total working-age population aged 15 and above across the G7 economies. This high-level demographic indicator provides insights into labor market dynamics and potential economic growth.
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 trend represents the overall size of the working-age population in the G7 countries, which includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The working-age population is a key measure for labor supply, consumption, and economic potential.
Methodology
The data is collected and compiled by the Organization for Economic Co-operation and Development (OECD) from national statistical agencies.
Historical Context
Policymakers and economists use this trend to analyze labor market conditions and forecast economic activity across the major industrialized economies.
Key Facts
- The G7 working-age population totals over 800 million people.
- Japan has the oldest working-age population among the G7 countries.
- Changes in the working-age population can impact economic productivity and potential GDP growth.
FAQs
Q: What does this economic trend measure?
A: The 'Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for G7' measures the total number of people aged 15 and above across the G7 countries, which is a key indicator of the overall labor force and economic potential.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the size and composition of the working-age population in the world's major industrialized economies, which is crucial for analyzing labor market dynamics, consumer demand, and prospects for economic growth.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the OECD from national statistical agencies in the G7 countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess labor market conditions, forecast economic activity, and develop policies related to employment, social welfare, and productivity across the G7 economies.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, so there may be some delays in the most recent updates. The trend also does not provide detailed breakdowns by age, gender, or other demographic factors.
Related Trends
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Balance of Payments: Secondary Income: Expenditure for G7
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for G7
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for G7
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Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for G7
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Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for G7 (G7LFWATTTTSTSAQ), retrieved from FRED.