Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for G7
G7LFAC55MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,196,900.00
Year-over-Year Change
3.87%
Date Range
4/1/2003 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for G7' trend measures the size and participation of male workers aged 55 to 64 in the labor force across the G7 group of advanced economies. This data provides key insights into labor market dynamics and aging workforce 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 economic indicator tracks the labor force participation rate for men aged 55 to 64 in the G7 countries, which include the United States, Japan, Germany, United Kingdom, France, Italy, and Canada. Monitoring this demographic segment is crucial for analyzing workforce trends, retirement patterns, and the economic impacts of aging populations.
Methodology
The data is collected through household and labor force surveys conducted by national statistical agencies in each G7 country.
Historical Context
Policymakers and economists use this metric to assess labor market health, social programs, and economic growth potential related to older worker participation.
Key Facts
- The G7 countries have a combined population of over 700 million people.
- Labor force participation rates for older men vary significantly across the G7, from under 60% to over 75%.
- Declining male labor force participation is a concern for economic growth and social program sustainability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for men aged 55 to 64 years old across the G7 group of advanced economies.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the employment of older male workers is crucial for understanding labor market dynamics, aging workforce trends, and the economic impacts of demographic shifts.
Q: How is this data collected or calculated?
A: The data is collected through household and labor force surveys conducted by national statistical agencies in each G7 country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess labor market health, social programs, and economic growth potential related to older worker participation.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and differences in survey methodologies across the G7 countries.
Related Trends
Composite Leading Indicators: Composite Leading Indicator (CLI) Trend Restored for G7
G7LOLITOTRGYSAM
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for G7
G7LFAC24MASTQ
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for G7
G7LFEM55MAGPSAQ
Infra-Annual Labor Statistics: Unemployment Female: From 55 to 64 Years for G7
G7LFUN55FESTQ
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for G7
G7LFUN64TTSTSAQ
Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for G7
G7LFHUTTFESTQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for G7 (G7LFAC55MASTQ), retrieved from FRED.