Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for G7
G7LREM64TTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.89
Year-over-Year Change
1.53%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the employment rate for the population aged 15 to 64 years across the G7 countries. It provides insight into the labor market and economic conditions in major developed 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 employment rate is a key indicator of labor market performance, reflecting the percentage of the working-age population that is employed. This metric is widely used by economists and policymakers to assess economic activity and labor market health.
Methodology
The data is collected through national labor force surveys and compiled by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
The employment rate is a crucial input for economic analysis, labor market policy, and assessing the strength of the overall economy.
Key Facts
- The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- The employment rate ranges from around 60% to 80% across the G7 economies.
- The employment rate is a leading indicator of economic performance and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate, or the percentage of the working-age population (ages 15-64) that is employed, across the G7 major developed economies.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a key indicator of labor market health and overall economic performance, providing insight into the strength of the job market and consumer demand.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys and compiled by the OECD.
Q: How is this trend used in economic policy?
A: The employment rate is closely monitored by policymakers, central banks, and analysts to assess the state of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published on an infra-annual (within-year) basis, with some potential for delays in data reporting across the G7 countries.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for G7 (G7LREM64TTSTQ), retrieved from FRED.