Youth unemployment rate in the United States decreased to 7.8 percent in May of 2022 from 7.90 percent in the previous month, the lowest since February 2020. source: U.S. Bureau of Labor Statistics
Youth Unemployment Rate in the United States averaged 11.72 percent from 1948 until 2022, reaching an all time high of 27.40 percent in April of 2020 and a record low of 4.80 percent in May of 1951. This page provides - United States Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Youth Unemployment Rate - values, historical data and charts - was last updated on June of 2022.
Youth Unemployment Rate in the United States is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Youth Unemployment Rate is projected to trend around 7.70 percent in 2023 and 7.90 percent in 2024, according to our econometric models.