Youth Unemployment Rate in the United States decreased to 11.70 percent in October from 13.50 percent in September of 2020. source: U.S. Bureau of Labor Statistics
Youth Unemployment Rate in the United States averaged 11.76 percent from 1948 until 2020, reaching an all time high of 27.40 percent in April of 2020 and a record low of 4.80 percent in May of 1951. This page provides - United States Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Youth Unemployment Rate - values, historical data and charts - was last updated on November of 2020.
Youth Unemployment Rate in the United States is expected to be 12.40 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 the United States to stand at 11.30 in 12 months time. In the long-term, the United States Youth Unemployment Rate is projected to trend around 11.30 percent in 2021 and 9.20 percent in 2022, according to our econometric models.