Youth Unemployment Rate In the Euro Area increased to 16 percent in May from 15.70 percent in April of 2020.
Youth Unemployment Rate in the Euro Area averaged 19.24 percent from 1993 until 2020, reaching an all time high of 24.70 percent in January of 2013 and a record low of 14.80 percent in March of 2001. This page provides the latest reported value for - Euro Area Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Youth Unemployment Rate - values, historical data and charts - was last updated on July of 2020. source: Eurostat
Youth Unemployment Rate in Euro Area is expected to be 16.00 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 15.50 in 12 months time. In the long-term, the Euro Area Youth Unemployment Rate is projected to trend around 15.50 percent in 2021 and 15.10 percent in 2022, according to our econometric models.