Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: All persons for G7
G7LFHUADTTSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,908,100.00
Year-over-Year Change
-8.65%
Date Range
1/1/1995 - 5/1/2018
Summary
This economic trend measures harmonised unemployment levels for the Group of Seven (G7) countries, focusing on individuals aged 25 and over. It provides insights into the labour market conditions across 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
The Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: All persons for G7 tracks the harmonised unemployment rates for the G7 nations, which include Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. This data is a key indicator of economic performance and the health of the labour market in these leading global economies.
Methodology
The data is collected through national labour force surveys and harmonised by the OECD to ensure cross-country comparability.
Historical Context
This trend is widely used by policymakers, analysts, and researchers to assess the employment landscape and inform economic policies in the G7 countries.
Key Facts
- The G7 economies account for over 60% of global net wealth.
- Unemployment rates in the G7 range from around 3% to 9% as of the latest data.
- The G7 unemployment data is released on a monthly basis by the OECD.
FAQs
Q: What does this economic trend measure?
A: This trend measures harmonised unemployment levels for the Group of Seven (G7) countries, focusing on individuals aged 25 and over. It provides insights into the labour market conditions across major advanced economies.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic performance and the health of the labour market in the leading global economies of the G7. It is widely used by policymakers, analysts, and researchers to assess employment landscapes and inform economic policies.
Q: How is this data collected or calculated?
A: The data is collected through national labour force surveys and harmonised by the OECD to ensure cross-country comparability.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to monitor labour market conditions and inform economic policies in the G7 countries.
Q: Are there update delays or limitations?
A: The G7 unemployment data is released on a monthly basis by the OECD, with minimal update delays.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for G7
G7LFHU24FESTQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for G7
G7LRHUADTTSTM
Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for G7
G7LFHU24MASTQ
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for G7
G7LFAC64TTSTQ
Infra-Annual Labor Statistics: Unemployment Female: From 55 to 64 Years for G7
G7LFUN55FESTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 64 Years for G7
G7LFIN64FESTQ
Citation
U.S. Federal Reserve, Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: All persons for G7 (G7LFHUADTTSTM), retrieved from FRED.