Unemployment Rate - Enrolled in College Full Time 16-24 Yrs.
LNU04023002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.70
Year-over-Year Change
12.99%
Date Range
1/1/1985 - 7/1/2025
Summary
Tracks unemployment among full-time college students aged 16-24. Provides critical insight into youth labor market dynamics and educational engagement.
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 jobless rates for college students, reflecting economic opportunities and challenges for young learners during their academic journey.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess youth employment trends and educational economic impacts.
Key Facts
- Reflects economic pressures on student workforce
- Indicates potential part-time job market challenges
- Helps predict future labor market trends
FAQs
Q: How does college enrollment impact unemployment rates?
A: Full-time students often face unique employment challenges. The rate reflects both educational commitments and economic opportunities.
Q: Why track unemployment for college students?
A: Provides insights into youth economic participation and potential workforce development needs.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by BLS.
Q: What factors influence this unemployment rate?
A: Economic conditions, academic schedules, and local job markets significantly impact student employment.
Q: Can this data predict economic trends?
A: Offers early indicators of youth labor market conditions and potential economic shifts.
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Citation
U.S. Federal Reserve, Unemployment Rate - Enrolled in College Full Time 16-24 Yrs. (LNU04023002), retrieved from FRED.