Unemployment Rate - 1-3 years of High School, 20 to 24 years
HS132024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.10
Year-over-Year Change
-17.06%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment for young adults with 1-3 years of high school education aged 20-24. Highlights early career employment challenges for less-educated youth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric measures jobless rates for young adults with limited high school education. It reveals early workforce entry difficulties.
Methodology
Data collected through comprehensive Bureau of Labor Statistics employment surveys.
Historical Context
Critical for understanding youth employment and educational intervention strategies.
Key Facts
- Indicates employment challenges for young adults
- Reflects limited education's impact on job prospects
- Highlights early career workforce entry barriers
FAQs
Q: What does this unemployment rate measure?
A: Tracks joblessness for 20-24 year olds with 1-3 years of high school education.
Q: Why is this rate significant?
A: Reveals employment challenges for young adults with limited educational attainment.
Q: How frequently is this data updated?
A: Monthly updates from the Bureau of Labor Statistics provide current insights.
Q: What factors influence this unemployment rate?
A: Economic conditions, job market, and educational opportunities significantly impact the rate.
Q: How can young adults improve their employment prospects?
A: Continuing education, vocational training, and skill development can enhance job opportunities.
Related Trends
Unemployment Rate: College Graduates: Advanced Degree: Master's Degree and Higher, 25 to 34 years, Women
CGAD2534W
Unemployment Rate - Associate Degree, 16 to 19 years, Men
ADEG1619M
Unemployment Rate - Some College, No Degree, 25 Yrs. & over, Men
LNU04027677
Unemployment Rate - Not Enrolled in School, 16-19 Yrs.
LNU04023014
Unemployment Rate - Less than 1 year of High School, 16 to 17 years, Women
L1HS1617W
Unemployment Rate - College Graduates - Master's Degree, 55 to 64 years, Women
CGMD5564W
Citation
U.S. Federal Reserve, Unemployment Rate - 1-3 years of High School, 20 to 24 years (HS132024), retrieved from FRED.