Unemployment Rate - 16-19 Yrs., Hispanic or Latino
LNU04000021 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.60
Year-over-Year Change
17.05%
Date Range
6/1/1976 - 7/1/2025
Summary
Tracks unemployment rates for Hispanic or Latino youth aged 16-19. Provides critical insights into youth labor market challenges and demographic employment trends.
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 economically active Hispanic or Latino teenagers who are currently unemployed but actively seeking work.
Methodology
Collected through monthly household surveys by the Bureau of Labor Statistics.
Historical Context
Used to understand youth employment challenges in specific demographic groups.
Key Facts
- Focuses on Hispanic/Latino teenage employment
- Reflects unique labor market challenges
- Important for understanding youth economic opportunities
FAQs
Q: What does the LNU04000021 series measure?
A: Unemployment rate for Hispanic or Latino teenagers aged 16-19.
Q: Why is this specific unemployment rate important?
A: Highlights employment challenges for a specific demographic youth group.
Q: How does this rate compare to overall teen unemployment?
A: Provides targeted insights into Hispanic/Latino youth labor market participation.
Q: How frequently is this data updated?
A: Monthly updates track ongoing employment trends.
Q: What factors influence this unemployment rate?
A: Education, economic conditions, and local job market dynamics impact teen employment.
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Citation
U.S. Federal Reserve, Unemployment Rate - 16-19 Yrs., Hispanic or Latino (LNU04000021), retrieved from FRED.