Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7
G7LFEM24MAGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.18
Year-over-Year Change
-94.11%
Date Range
4/1/2005 - 1/1/2018
Summary
The 'Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7' metric tracks employment among young men aged 15 to 24 across the G7 nations. This key labor market indicator provides insights into youth employment trends within major advanced economies.
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 series measures the level of employment for males aged 15 to 24 in the G7 countries, which include the United States, Japan, Germany, United Kingdom, France, Italy, and Canada. It offers a granular view of labor force participation and job market conditions for younger working-age individuals within these major industrialized nations.
Methodology
The data is collected through national labor force surveys conducted by statistical agencies in each G7 country.
Historical Context
Analysts and policymakers monitor this metric to assess the health of youth employment, which has important implications for economic growth, social mobility, and labor market dynamics.
Key Facts
- G7 countries account for over 30% of global GDP.
- Youth unemployment is often double the overall jobless rate.
- Steady youth employment is linked to economic stability and social cohesion.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the level of employment among males aged 15 to 24 across the G7 countries, which include the United States, Japan, Germany, United Kingdom, France, Italy, and Canada.
Q: Why is this trend relevant for users or analysts?
A: Youth employment is a key indicator of labor market health and future economic prospects. Monitoring this metric helps analysts and policymakers assess job opportunities and participation rates for younger working-age individuals within major advanced economies.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by statistical agencies in each G7 country.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to gauge the labor market conditions and social dynamics affecting younger generations within the world's largest advanced economies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential differences in survey methodologies across the G7 countries, which can impact the timeliness and cross-country comparability of this economic indicator.
Related Trends
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Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for G7
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for G7
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Infra-Annual Labor Statistics: Working-Age Population Female: From 55 to 64 Years for G7
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Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
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Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for G7
G7LREM24MASTSAQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7 (G7LFEM24MAGPQ), retrieved from FRED.