United States youth unemployment rate

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United States youth unemployment rate: 9.4 (-1.05%)
Last Update: November 30, 2024

United States youth unemployment rate closed down 9.4 as of November 30, 2024 from 9.5 from the previous month and 8 from last year.


United States youth unemployment rate Analytics & Data




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United States youth unemployment rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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United States youth unemployment rate

Date Values
2024-11-30 9.4
2024-10-31 9.5
2024-09-30 9.2
2024-08-31 9.7
2024-07-31 9.1
2024-06-30 8.9
2024-05-31 9.2
2024-04-30 8.2
2024-03-31 8.8
2024-02-29 8.8
2024-01-31 7.3
2023-12-31 8
2023-11-30 8
2023-10-31 8.8
2023-09-30 8.4
2023-08-31 8.6
2023-07-31 8
2023-06-30 7.5
2023-05-31 7.5
2023-04-30 6.6
2023-03-31 7.5
2023-02-28 8.1
2023-01-31 8.1
2022-12-31 8.2

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United States youth unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
youth unemployment rate us.ytunemploymentrate 9.4 9.5 -1 18 UP UP 77 2024-11-30

United States youth unemployment rate Quantitative Analysis, Charts & Factors

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United States youth unemployment rate Historical Data

The MacroVar database offers free access to historical data for the United States youth unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of United States youth unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the United States youth unemployment rate

The United States youth unemployment rate refers to the percentage of individuals between the ages of 16 and 24 who are actively seeking employment but are unable to find a job. This demographic is particularly vulnerable to economic fluctuations and often faces higher rates of unemployment compared to the general population. Factors such as lack of experience, education, and skills can contribute to the high youth unemployment rate. Additionally, economic conditions, such as recessions or industry shifts, can also impact the ability of young people to secure work. High youth unemployment can have long-lasting effects on individuals, including lower lifetime earnings and diminished career prospects. Addressing youth unemployment requires a multi-faceted approach that includes investing in education and training programs, creating job opportunities, and supporting initiatives that promote youth employment.

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