Youth Unemployment Rate in European Union decreased to 14.90 percent in December from 15.20 percent in November of 2018. Youth Unemployment Rate in European Union averaged 19.12 percent from 2000 until 2018, reaching an all time high of 24 percent in January of 2013 and a record low of 14.90 percent in December of 2018.
Youth Unemployment Rate in European Union is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in European Union to stand at 13.20 in 12 months time. In the long-term, the European Union Youth Unemployment Rate is projected to trend around 13.00 percent in 2020, according to our econometric models.