Youth Unemployment Rate In the Euro Area increased to 18.40 percent in November from 18 percent in October of 2020. source: EUROSTAT

Youth Unemployment Rate in the Euro Area averaged 19.23 percent from 1993 until 2020, 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. 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 January of 2021.

Youth Unemployment Rate in Euro Area is expected to be 19.50 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 19.60 in 12 months time. In the long-term, the Euro Area Youth Unemployment Rate is projected to trend around 19.60 percent in 2022, according to our econometric models.

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Euro Area Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
18.40 18.00 24.80 14.80 1993 - 2020 percent Monthly
SA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.30 8.40 12.10 7.20 percent [+]
Employed Persons 157.39 155.81 161.00 117.36 Million [+]
Unemployed Persons 13609.00 13825.00 19397.00 11457.00 Thousand [+]
Long Term Unemployment Rate 2.80 2.30 6.30 2.30 percent [+]
Youth Unemployment Rate 18.40 18.00 24.80 14.80 percent [+]
Labour Costs 105.00 115.00 115.00 83.40 points [+]
Productivity 102.90 105.00 105.00 81.80 points [+]
Wages 1734.00 1871.00 1889.00 1176.00 EUR/Month [+]
Wage Growth 2.20 4.50 4.50 0.80 percent [+]
Population 341.90 341.15 341.90 260.38 Million [+]
Employment Change 1.00 -3.00 1.00 -3.00 percent [+]
Full Time Employment 114040.70 115099.30 118849.00 107485.60 Thousand [+]
Labor Force Participation Rate 55.60 56.70 57.60 55.00 percent [+]
Part Time Employment 30427.60 31962.20 31962.20 19769.20 Thousand [+]
Retirement Age Men 64.61 64.52 64.61 62.24 [+]
Retirement Age Women 64.29 64.20 64.29 61.66 [+]


Euro Area Youth Unemployment Rate
In Euro Area, youth unemployment rate refers to unemployed persons from 15 to 25 years of age.