Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for OECD
OECDLRHU24TTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.38
Year-over-Year Change
2.60%
Date Range
1/1/2005 - 5/1/2025
Summary
The Monthly Unemployment Rate Total: From 15 to 24 Years for OECD measures the unemployment rate among young workers aged 15 to 24 across OECD countries. This metric is closely watched by economists and policymakers to gauge labor market conditions and inform employment policies.
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 economic indicator tracks the monthly unemployment rate for the 15-24 age group in OECD countries. It provides insights into the challenges and opportunities facing young workers, which is crucial for designing effective policies to promote youth employment and economic inclusion.
Methodology
The data is collected through national labor force surveys coordinated by the OECD.
Historical Context
This trend is widely used by policymakers, central banks, and labor market analysts to assess the health of the labor market and inform decision-making.
Key Facts
- Youth unemployment is a persistent challenge in many OECD countries.
- The 15-24 age group often faces higher unemployment rates than the general population.
- Reducing youth unemployment is a key policy priority for promoting economic and social inclusion.
FAQs
Q: What does this economic trend measure?
A: The Monthly Unemployment Rate Total: From 15 to 24 Years for OECD measures the unemployment rate among young workers aged 15 to 24 across OECD countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the labor market conditions and challenges facing young workers, which is essential for designing effective employment policies and promoting youth economic inclusion.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys coordinated by the OECD.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, central banks, and labor market analysts to assess the health of the labor market and inform decision-making.
Q: Are there update delays or limitations?
A: The data is subject to the update schedules and methodological approaches of the national labor force surveys.
Related Trends
International Merchandise Trade Statistics: Exports: Commodities for OECD
OECDXTEXVA01CXMLSAM
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for OECD
OECDLREM24TTSTQ
Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for OECD
OECDLFHUTTMASTQ
Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 64 Years for OECD
OECDLFWA64MASTQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for OECD
OECDCPGREN01GYM
Balance of Payments: Services: Balance (Revenue Minus Expenditure) for OECD
OECDB6BLSE01CXCUQ
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for OECD (OECDLRHU24TTSTSAM), retrieved from FRED.