Youth Unemployment Rate In the Euro Area decreased to 15.70 percent in May from 15.80 percent in April of 2019. Youth Unemployment Rate in the Euro Area averaged 19.38 percent from 1993 until 2019, reaching an all time high of 24.80 percent in February of 2013 and a record low of 14.80 percent in March of 2001.
Youth Unemployment Rate in Euro Area is expected to be 15.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Euro Area to stand at 14.50 in 12 months time. In the long-term, the Euro Area Youth Unemployment Rate is projected to trend around 12.90 percent in 2020, according to our econometric models.