Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for G7
G7LFUN55MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,298,033.00
Year-over-Year Change
-5.95%
Date Range
4/1/2003 - 1/1/2025
Summary
This economic trend tracks the unemployment rate for males aged 55 to 64 in the G7 nations, providing insights into labor market dynamics for older workers.
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 Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for G7 metric measures the jobless rate for men in the 55-64 age group across the Group of Seven (G7) industrialized economies. This indicator is closely monitored by policymakers and labor economists to assess labor market health and workforce participation trends for older adults.
Methodology
This data is collected through national labor force surveys in each G7 country.
Historical Context
Trends in older worker unemployment are relevant for fiscal, monetary, and social policies aimed at supporting active aging and productive longevity.
Key Facts
- The G7 includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- Unemployment rates tend to be higher for older male workers compared to prime-age populations.
- Policies to extend working lives and combat age discrimination are a growing economic priority.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the unemployment rate specifically for males aged 55 to 64 across the G7 industrialized economies.
Q: Why is this trend relevant for users or analysts?
A: Trends in older worker unemployment provide important insights into labor market dynamics and the economic well-being of aging populations.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys 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 and inform policies supporting active aging and productive longevity.
Q: Are there update delays or limitations?
A: This quarterly data may have lags due to the time required for national statistical agencies to collect and aggregate the information.
Related Trends
Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for G7
G7LFAC55MASTQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for G7
G7LFWA25TTSTQ
Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for G7
G7LFEM64MAGPQ
International Merchandise Trade Statistics: Imports: Commodities for G7
G7XTIMVA01CXMLM
Production: Construction: Total construction: Total for G7
G7PRCNTO01IXOBSAM
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for G7
G7LFWA64TTSTSAQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for G7 (G7LFUN55MASTQ), retrieved from FRED.