Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for G7
G7LFAC64TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
372,857,100.00
Year-over-Year Change
3.41%
Date Range
1/1/2005 - 1/1/2025
Summary
The G7 Labor Force Total: From 15 to 64 Years trend tracks the total size of the workforce aged 15 to 64 across the G7 economies. This indicator provides insights into labor market participation and economic activity.
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 series represents the total number of people aged 15 to 64 who are either employed or actively seeking work within the G7 countries. It is a key measure of the available labor supply and potential for economic growth.
Methodology
The data is collected through national labor force surveys coordinated by the OECD.
Historical Context
Economists and policymakers use this metric to assess labor market dynamics and make informed decisions about economic and employment policies.
Key Facts
- The G7 includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- The total G7 labor force aged 15-64 was over 540 million in 2022.
- Labor force participation rates vary significantly across the G7 countries.
FAQs
Q: What does this economic trend measure?
A: The G7 Labor Force Total: From 15 to 64 Years trend measures the total number of people aged 15 to 64 who are either employed or actively seeking work within the G7 economies.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor market participation and the available workforce for economic growth across the major developed economies.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys coordinated by the OECD.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess labor market dynamics and make informed decisions about economic and employment policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual basis, with some potential for delay in reporting across the G7 countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for G7 (G7LFAC64TTSTSAQ), retrieved from FRED.