Youth Unemployment Rate in the United States decreased to 10.90 percent in February from 11.20 percent in January of 2021. source: U.S. Bureau of Labor Statistics

Youth Unemployment Rate in the United States averaged 11.76 percent from 1948 until 2021, 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 March of 2021.

Youth Unemployment Rate in the United States is expected to be 10.70 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 11.20 in 12 months time. In the long-term, the United States Youth Unemployment Rate is projected to trend around 9.40 percent in 2022 and 9.30 percent in 2023, according to our econometric models.

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United States Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.90 11.20 27.40 4.80 1948 - 2021 percent Monthly
SA

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.20 6.30 14.80 2.50 percent [+]
Non Farm Payrolls 379.00 166.00 4846.00 -20679.00 Thousand [+]
Nonfarm Payrolls Private 465.00 90.00 4807.00 -19731.00 Thousand [+]
Government Payrolls -86.00 76.00 517.00 -948.00 Thousand [+]
Manufacturing Payrolls 21.00 -14.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 745.00 736.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 4295.00 4419.00 24912.00 988.00 Thousand [+]
ADP Employment Change 117.00 195.00 4350.00 -19392.00 Thousand [+]
Employed Persons 150239.00 150031.00 158735.00 57172.00 Thousand [+]
Unemployed Persons 9972.00 10130.00 23109.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.10 4.60 -1.30 percent [+]
Average Weekly Hours 34.60 34.90 34.90 33.70 Hours [+]
Labor Force Participation Rate 61.40 61.40 67.30 58.10 percent [+]
Long Term Unemployment Rate 2.59 2.51 4.40 0.08 percent [+]
Youth Unemployment Rate 10.90 11.20 27.40 4.80 percent [+]
Labour Costs 116.42 114.74 117.68 17.00 points [+]
Productivity 111.09 112.29 112.29 25.99 points [+]
Job Vacancies 6178.00 6301.00 7746.00 2157.00 Thousand [+]
Job Offers 6646.00 6572.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 34531.00 79552.00 671129.00 15100.00 Persons [+]
Wages 25.19 25.18 25.19 2.50 USD/Hour [+]
Wages in Manufacturing 23.20 23.23 23.29 1.27 USD/Hour [+]
Wage Growth 2.31 2.08 13.78 -6.64 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.50 2.00 0.20 percent [+]
Population 329.48 328.33 329.48 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 57.60 57.50 64.70 51.30 percent [+]
Full Time Employment 124868.00 124990.00 131755.00 64640.00 Thousand [+]
Pandemic Unemployment Assistance Claims 436.70 427.45 1352.18 31.95 Thousand [+]
Part Time Employment 25109.00 24627.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 790.75 807.50 5790.25 179.00 Thousand [+]