Youth Unemployment Rate in European Union increased to 17.80 percent in December from 17.70 percent in November of 2020. source: EUROSTAT

Youth Unemployment Rate in European Union averaged 19.62 percent from 2000 until 2020, reaching an all time high of 24.90 percent in February of 2013 and a record low of 14.70 percent in January of 2020. This page provides the latest reported value for - European Union Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European Union Youth Unemployment Rate - values, historical data and charts - was last updated on February of 2021.

Youth Unemployment Rate in European Union is expected to be 17.70 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 12.00 in 12 months time. In the long-term, the European Union Youth Unemployment Rate is projected to trend around 18.30 percent in 2022 and 17.50 percent in 2023, according to our econometric models.

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European Union Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
17.80 17.70 24.90 14.70 2000 - 2020 percent Monthly
SA

European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 16000.00 15933.00 24146.00 13776.00 Thousand [+]
Long Term Unemployment Rate 2.40 2.00 5.70 2.00 percent [+]
Labour Costs 106.90 115.70 115.70 83.00 points [+]
Unemployment Rate 7.50 7.50 11.50 6.50 percent [+]
Wage Growth 2.40 4.60 4.60 1.00 percent [+]
Youth Unemployment Rate 17.80 17.70 24.90 14.70 percent [+]
Labor Force Participation Rate 57.10 56.10 57.70 55.60 percent [+]
Part Time Employment 34500.70 34338.90 35921.60 31016.50 Thousand [+]
Population 446.82 446.10 446.82 354.53 Million [+]
Productivity 103.50 103.80 104.20 75.50 points [+]
Retirement Age Men 64.28 64.21 64.28 62.57 [+]
Retirement Age Women 63.44 63.31 63.44 61.24 [+]
Employed Persons 191819.00 189695.00 195272.00 170598.00 Thousand [+]
Employment Change 0.90 -2.70 0.90 -2.70 percent [+]
Full Time Employment 157818.20 155669.90 160627.20 146066.10 Thousand [+]


European Union Youth Unemployment Rate
In European Union, youth unemployment rate refers to unemployed persons from 15 to 25 years of age.