Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for G7
G7LFUN24FESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,024,539.00
Year-over-Year Change
19.20%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for G7' trend measures youth unemployment rates among women in the G7 countries.
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 tracks the seasonally-adjusted female unemployment rate for individuals aged 15 to 24 years old across the G7 nations (United States, Japan, Germany, United Kingdom, France, Italy, Canada). It is a key indicator of labor market health and economic opportunity for young women.
Methodology
The data is collected through national labor force surveys conducted by statistical agencies in each G7 country.
Historical Context
Policymakers and economists monitor this trend to assess the impacts of economic conditions and government programs on young women's job prospects.
Key Facts
- The G7 nations are the world's seven largest advanced economies.
- Youth unemployment rates tend to be higher than the overall unemployment rate.
- Consistent employment is critical for young people to develop skills and build careers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally-adjusted unemployment rate for women aged 15 to 24 years old across the G7 countries.
Q: Why is this trend relevant for users or analysts?
A: Youth unemployment is a key indicator of labor market health and economic opportunity for young women, making this trend valuable for policymakers and economists.
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 monitor this trend to assess the impacts of economic conditions and government programs on young women's job prospects.
Q: Are there update delays or limitations?
A: The data is subject to the update schedules and methodologies of the national statistical agencies in the G7 countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for G7 (G7LFUN24FESTSAQ), retrieved from FRED.