Youth Unemployment Rate in European Union increased to 14.20 percent in January from 14.10 percent in December of 2019.

Youth Unemployment Rate in European Union averaged 18.87 percent from 2000 until 2020, reaching an all time high of 24.10 percent in January of 2013 and a record low of 14.10 percent in December of 2019. 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 June of 2020.

Youth Unemployment Rate in European Union is expected to be 16.10 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 18.80 in 12 months time. In the long-term, the European Union Youth Unemployment Rate is projected to trend around 18.80 percent in 2021 and 16.80 percent in 2022, according to our econometric models.

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European Union Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
14.20 14.10 24.10 14.10 2000 - 2020 percent Monthly
SA

European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 15349.00 15333.00 26638.00 15333.00 Thousand [+]
Long Term Unemployment Rate 2.40 2.40 5.30 2.40 percent [+]
Labour Costs 105.80 111.00 111.00 84.20 points [+]
Unemployment Rate 6.60 6.40 11.50 6.40 percent [+]
Wage Growth 2.80 3.20 3.60 0.90 percent [+]
Youth Unemployment Rate 14.20 14.10 24.10 14.10 percent [+]
Labor Force Participation Rate 58.30 58.30 58.30 56.30 percent [+]
Part Time Employment 42975.10 43634.10 43634.10 31484.60 Thousand [+]
Population 513.47 512.37 513.47 406.73 Million [+]
Productivity 103.40 103.50 103.50 75.40 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 230356.80 231342.70 232104.10 213005.80 Thousand [+]
Employment Change 0.30 0.00 0.60 -0.70 percent [+]
Full Time Employment 184143.70 182567.10 184143.70 167275.40 Thousand [+]


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