Youth Unemployment Rate in the United States decreased to 9.90 percent in May from 11 percent in April of 2021. source: U.S. Bureau of Labor Statistics

Youth Unemployment Rate in the United States averaged 11.76 percent from 1948 until 2021, 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 2021.

Youth Unemployment Rate in the United States is expected to be 9.80 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 the United States to stand at 9.60 in 12 months time. In the long-term, the United States Youth Unemployment Rate is projected to trend around 9.60 percent in 2022 and 8.90 percent in 2023, according to our econometric models.

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United States Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.90 11.00 27.40 4.80 1948 - 2021 percent Monthly
SA

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 6.10 14.80 2.50 percent [+]
Non Farm Payrolls 559.00 278.00 4846.00 -20679.00 Thousand [+]
Nonfarm Payrolls Private 492.00 219.00 4807.00 -19731.00 Thousand [+]
Government Payrolls 67.00 59.00 517.00 -948.00 Thousand [+]
Manufacturing Payrolls 23.00 -32.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 376.00 385.00 6149.00 162.00 Thousand [+]
Continuing Jobless Claims 3499.00 3757.00 23128.00 988.00 Thousand [+]
ADP Employment Change 978.00 654.00 4350.00 -19392.00 Thousand [+]
Employed Persons 151620.00 151176.00 158735.00 57172.00 Thousand [+]
Unemployed Persons 9316.00 9812.00 23109.00 1596.00 Thousand [+]
Average Hourly Earnings 0.50 0.70 4.60 -1.30 percent [+]
Average Weekly Hours 34.90 34.90 34.90 33.70 Hours [+]
Labor Force Participation Rate 61.60 61.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 2.33 2.60 4.40 0.08 percent [+]
Youth Unemployment Rate 9.90 11.00 27.40 4.80 percent [+]
Labour Costs 119.07 118.56 119.07 17.00 points [+]
Productivity 112.73 111.26 112.73 25.99 points [+]
Job Vacancies 9982.00 8237.00 9982.00 2157.00 Thousand [+]
Job Offers 9286.00 8288.00 9286.00 2232.00 Thousand [+]
Challenger Job Cuts 24586.00 22913.00 671129.00 15100.00 Persons [+]
Wages 25.60 25.46 25.60 2.50 USD/Hour [+]
Wages in Manufacturing 23.53 23.46 23.53 1.27 USD/Hour [+]
Wage Growth 4.41 0.10 13.78 -6.64 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.90 0.70 2.00 0.20 percent [+]
Population 329.48 328.33 329.48 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 58.00 57.90 64.70 51.30 percent [+]
Full Time Employment 126384.00 126161.00 131755.00 64640.00 Thousand [+]
Pandemic Unemployment Assistance Claims 71.29 73.25 1352.29 32.08 Thousand [+]
Part Time Employment 25202.00 25024.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 402.50 428.00 5301.25 179.00 Thousand [+]