Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for G7
G7LREM64TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.21
Year-over-Year Change
1.50%
Date Range
1/1/2005 - 1/1/2025
Summary
The Employment Rate Total: From 15 to 64 Years for G7 measures the employment-to-population ratio for the working-age population across the G7 countries. This key labor market indicator provides insights into economic performance and labor utilization.
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 tracks the percentage of the population aged 15 to 64 that is employed across the G7 nations, which include the United States, Japan, Germany, United Kingdom, France, Italy, and Canada. It is a widely-used metric for assessing labor market health and the degree of economic activity.
Methodology
The data is collected through household surveys conducted by national statistical agencies and aggregated by the OECD.
Historical Context
Policymakers and economists closely monitor this employment rate to gauge economic conditions and inform decisions around fiscal and monetary policy.
Key Facts
- The G7 countries include the US, Japan, Germany, UK, France, Italy, and Canada.
- The employment rate peaked at 69.2% in Q2 2019 before declining due to the COVID-19 pandemic.
- Employment levels vary significantly across the G7, from around 55% in Italy to over 75% in Japan.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for G7 measures the percentage of the working-age population that is employed across the G7 countries.
Q: Why is this trend relevant for users or analysts?
A: This employment rate is a key indicator of labor market health and economic performance, providing insights that are essential for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by national statistical agencies and aggregated by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor this employment rate to assess economic conditions and inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on an infra-annual basis, with some potential for delays in data reporting across the G7 countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for G7 (G7LREM64TTSTSAQ), retrieved from FRED.