The ILO and the G7

Set up in 1975, the Group of 7 (G7) brings together the leaders of the world’s leading industrial nations and complements the role of the G20. The ILO actively supports the G7 by contributing data, analysis and policy recommendations on labour, economic and social issues in order to shape;political responses to global challenges.

Facts & Figures

  • The unemployment rate in G7 countries decreased to 5.3 per cent in 2021 and is projected to decrease to pre-pandemic levels of 4.5 per cent in 2022.
  • The youth unemployment rate (15-24) has also decreased to 10.7 per cent in 2021, down from 13.9 per cent in 2020. It stood at 11.5 per cent for young men and 9.8 per cent for young women.
  • The gender gap in the labour force participation rate stood at 12.1 percentage points in 2021 and is projected to stay at this level in 2022.
  • The share of youth not in employment, education or training (NEET) was estimated at 12 per cent for men and at 12 per cent for women in 2020, up from 9.3 per cent for men and 9.9 per cent for women in 2019.
  • An estimated 7.8 per cent of the adult (25+) and 18.1 per cent of the youth (15-24) extended labour force was underutilized in 2020, meaning that they were either unemployed, underemployed or in the potential labour force.
  • Source: ILOSTAT, 25 March 2022