Unemployment Rate - Less than a High School Diploma, 20 to 24 years, Men
LHSD2024M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.10
Year-over-Year Change
-34.32%
Date Range
1/1/2000 - 7/1/2025
Summary
Measures unemployment for young men without a high school diploma. Highlights educational and economic challenges for this demographic group.
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 indicator tracks joblessness among men aged 20-24 who have not completed high school. It reveals early career economic barriers.
Methodology
Data gathered through monthly Bureau of Labor Statistics household surveys.
Historical Context
Critical for understanding youth employment and educational intervention strategies.
Key Facts
- Indicates early career economic challenges
- Highlights importance of high school completion
- Reflects broader economic opportunity gaps
FAQs
Q: Why is this unemployment rate significant?
A: Reveals economic challenges for young men without high school diplomas. Indicates potential long-term career barriers.
Q: How does education impact employment for young men?
A: Lack of high school diploma significantly increases unemployment risk for 20-24 year old men.
Q: What factors contribute to this unemployment rate?
A: Educational gaps, limited skills, and economic conditions impact employment opportunities.
Q: How can policy address this unemployment challenge?
A: Vocational training and educational support can help improve employment prospects.
Q: How frequently is this data updated?
A: Monthly updates provide current insights into young men's labor market challenges.
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Citation
U.S. Federal Reserve, Unemployment Rate - Less than a High School Diploma, 20 to 24 years, Men (LHSD2024M), retrieved from FRED.