Unemployment Rate - 16-19 Yrs.
LNU04000012 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.10
Year-over-Year Change
21.97%
Date Range
1/1/1948 - 7/1/2025
Summary
Tracks unemployment levels for teenagers aged 16-19 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 16-19 year olds actively seeking work but currently unemployed. It reflects economic conditions and youth employment challenges.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess youth economic integration and workforce development strategies.
Key Facts
- Highly volatile unemployment rate compared to adult demographics
- Sensitive to seasonal employment opportunities
- Important indicator of economic entry-level job markets
FAQs
Q: Why is teen unemployment important?
A: Indicates economic health and future workforce preparedness. Reflects entry-level job market conditions.
Q: How does teen unemployment differ from overall unemployment?
A: Teens have higher volatility and less stable employment patterns compared to adult workers.
Q: What factors influence teen unemployment rates?
A: Minimum wage, economic cycles, and seasonal job availability significantly impact teen employment.
Q: How often is this data updated?
A: Monthly updates through the Bureau of Labor Statistics Current Population Survey.
Q: Does teen unemployment correlate with broader economic trends?
A: Often serves as an early indicator of broader economic shifts and labor market conditions.
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Citation
U.S. Federal Reserve, Unemployment Rate - 16-19 Yrs. (LNU04000012), retrieved from FRED.