Unemployment Rate - 18-19 Yrs.
LNS14000088 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.60
Year-over-Year Change
15.56%
Date Range
1/1/1948 - 7/1/2025
Summary
Tracks unemployment specifically for young adults aged 18-19 years. Provides critical insight into youth labor market participation 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
This metric measures the percentage of 18-19 year olds actively seeking work but currently unemployed. It reflects economic conditions and youth employment challenges.
Methodology
Data collected monthly through the Bureau of Labor Statistics Current Population Survey.
Historical Context
Used by policymakers to assess youth employment strategies and economic training programs.
Key Facts
- Volatile indicator of economic entry-level opportunities
- Reflects educational and workforce development challenges
- Critical for understanding generational economic mobility
FAQs
Q: Why is the 18-19 year unemployment rate important?
A: It indicates economic opportunities for young workers and potential workforce development needs.
Q: How does this rate differ from overall unemployment?
A: Focuses specifically on youth labor market, often more sensitive to economic fluctuations.
Q: What factors influence this unemployment rate?
A: Education levels, economic conditions, and seasonal job availability significantly impact youth employment.
Q: How often is this data updated?
A: Monthly updates provide current snapshot of youth labor market conditions.
Q: Can this rate predict broader economic trends?
A: Often serves as an early indicator of emerging economic challenges and opportunities.
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Citation
U.S. Federal Reserve, Unemployment Rate - 18-19 Yrs. (LNS14000088), retrieved from FRED.