Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for G7
G7LREM55MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.62
Year-over-Year Change
3.46%
Date Range
4/1/2003 - 1/1/2025
Summary
The Employment Rate Male: From 55 to 64 Years for G7 tracks the employment rate for men aged 55 to 64 in the G7 countries. This key labor market indicator provides insights into workforce participation and economic activity for older workers.
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 data series measures the employment rate, expressed as a percentage, for men aged 55 to 64 years old across the G7 major advanced economies (Canada, France, Germany, Italy, Japan, United Kingdom, United States). It is a valuable metric for understanding labor force dynamics and economic trends among older male workers.
Methodology
The data is collected through national labor force surveys and compiled by the OECD.
Historical Context
Policymakers and economists use this indicator to assess labor market health, workforce participation, and economic inclusion for older adults.
Key Facts
- G7 countries had an average 65.4% employment rate for men aged 55-64 in 2021.
- Japan had the highest male 55-64 employment rate at 83.1% in 2021.
- Italy had the lowest male 55-64 employment rate at 55.2% in 2021.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for G7 measures the percentage of men aged 55 to 64 who are employed across the G7 major advanced economies.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into workforce participation, labor market health, and economic inclusion for older male workers, which is valuable for policymakers, economists, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess labor market dynamics and workforce participation among older adults, which informs policies related to retirement, employment, and economic inclusion.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, with some potential for delays in reporting across the G7 countries.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for G7
G7LFEM55FEGPQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for G7
G7LRHUTTMASTSAM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for G7
G7LREM64MASTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for G7
G7LFIN24MASTQ
Composite Leading Indicators: Reference Series (GDP) Trend for G7
G7LORSGPTDSTSAM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: From 15 to 24 Years for G7
G7LRHU24FESTM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for G7 (G7LREM55MASTQ), retrieved from FRED.