Youth Unemployment Rate in the United States increased to 27.40 percent in April from 10.30 percent in March of 2020.

Youth Unemployment Rate in the United States averaged 11.72 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 May of 2020.

Youth Unemployment Rate in the United States is expected to be 22.90 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 21.90 in 12 months time. In the long-term, the United States Youth Unemployment Rate is projected to trend around 19.90 percent in 2021 and 17.80 percent in 2022, according to our econometric models.

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United States Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
27.40 10.30 27.40 4.80 1948 - 2020 percent Monthly
SA

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.70 4.40 14.70 2.50 percent [+]
Non Farm Payrolls -20500.00 -870.00 1118.00 -20500.00 Thousand [+]
Nonfarm Payrolls Private -19520.00 -842.00 1092.00 -19520.00 Thousand [+]
Government Payrolls -980.00 -28.00 427.00 -980.00 Thousand [+]
Manufacturing Payrolls -1330.00 -34.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 2438.00 2687.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 25073.00 22548.00 25073.00 988.00 Thousand [+]
ADP Employment Change -20236.00 -149.00 314.00 -20236.00 Thousand [+]
Employed Persons 133403.00 155772.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 23078.00 7140.00 23078.00 1596.00 Thousand [+]
Average Hourly Earnings 4.70 0.50 4.70 -0.20 percent [+]
Average Weekly Hours 34.20 34.10 34.60 33.70 Hours [+]
Labor Force Participation Rate 60.20 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.60 0.71 4.40 0.08 percent [+]
Youth Unemployment Rate 27.40 10.30 27.40 4.80 percent [+]
Labour Costs 112.96 111.65 112.96 17.00 points [+]
Productivity 107.60 108.28 108.28 25.99 points [+]
Job Vacancies 6060.00 6597.00 7746.00 2157.00 Thousand [+]
Job Offers 6191.00 7004.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 671129.00 222288.00 671129.00 15100.00 Persons [+]
Wages 25.12 24.08 25.12 2.50 USD/Hour [+]
Wages in Manufacturing 22.80 22.56 22.80 1.27 USD/Hour [+]
Wage Growth -0.78 3.26 13.78 -5.88 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.70 2.00 0.20 percent [+]
Population 329.13 327.17 329.13 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 51.30 60.00 64.70 51.30 percent [+]
Full Time Employment 114322.00 129298.00 131755.00 64640.00 Thousand [+]
Living Wage Family 2380.00 2270.00 2380.00 2160.00 USD/Month [+]
Living Wage Individual 1660.00 1560.00 1660.00 1450.00 USD/Month [+]
Jobless Claims 4-week Average 3042.00 3543.00 5790.25 179.00 Thousand [+]
Part Time Employment 19106.00 26553.00 28134.00 10086.00 Thousand [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]