Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for G7
G7LFUN64TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,727,080.00
Year-over-Year Change
6.63%
Date Range
1/1/2005 - 1/1/2025
Summary
This trend measures the total unemployment rate for individuals aged 15 to 64 across the G7 countries, providing insight into labor market conditions in 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 Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for G7 series tracks the aggregated unemployment rate for working-age populations in the G7 group of countries, which includes the US, Japan, Germany, the UK, France, Italy, and Canada.
Methodology
The data is compiled from national labor force surveys conducted by statistical agencies in each G7 country.
Historical Context
This unemployment indicator is closely monitored by policymakers, central banks, and economists to assess the broader health of G7 labor markets.
Key Facts
- The G7 group accounts for over 30% of global GDP.
- Unemployment rates vary significantly across G7 countries.
- This indicator is published on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate for individuals aged 15 to 64 across the G7 countries, providing insight into labor market conditions in major advanced economies.
Q: Why is this trend relevant for users or analysts?
A: This unemployment indicator is closely monitored by policymakers, central banks, and economists to assess the broader health of G7 labor markets and make informed decisions.
Q: How is this data collected or calculated?
A: The data is compiled from national labor force surveys conducted by statistical agencies in each G7 country.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, central banks, and economists to evaluate labor market conditions and inform policy decisions across the G7 economies.
Q: Are there update delays or limitations?
A: This indicator is published on a quarterly basis, with a typical update delay of several weeks.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for G7 (G7LFUN64TTSTSAQ), retrieved from FRED.