Labor Force Participation Rate - 16-19 Yrs.
LNS11300012 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.00
Year-over-Year Change
-3.31%
Date Range
1/1/1948 - 7/1/2025
Summary
Tracks employment engagement for teenagers aged 16-19. Provides critical insight into youth labor market dynamics and economic opportunities.
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
Measures the percentage of 16-19 year olds actively participating in the labor market. Indicates economic opportunities and workforce readiness for young workers.
Methodology
Calculated monthly by Bureau of Labor Statistics through household survey data.
Historical Context
Used by policymakers to assess youth employment trends and educational-workforce transitions.
Key Facts
- Reflects economic opportunities for teenagers
- Indicates potential part-time and entry-level job markets
- Correlates with educational and economic trends
FAQs
Q: What does labor force participation rate mean for teenagers?
A: Measures teens actively working or seeking employment. Indicates economic opportunities and workforce engagement.
Q: How is the teen labor force participation rate calculated?
A: Calculated by dividing employed and job-seeking teenagers by total teen population.
Q: Why is teen labor force participation important?
A: Signals economic health, job market accessibility, and potential future workforce trends.
Q: How has teen labor participation changed in recent years?
A: Influenced by economic conditions, minimum wage, and educational opportunities.
Q: What factors impact teen labor force participation?
A: School enrollment, economic conditions, and part-time job availability significantly affect rates.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate - 16-19 Yrs. (LNS11300012), retrieved from FRED.