Youth Unemployment Rate in the United States decreased to 20.70 percent in June from 25.20 percent in May of 2020.

Youth Unemployment Rate in the United States averaged 11.75 percent from 1948 until 2020, 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 July of 2020.

Youth Unemployment Rate in the United States is expected to be 20.70 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 the United States to stand at 18.70 in 12 months time. In the long-term, the United States Youth Unemployment Rate is projected to trend around 17.70 percent in 2021 and 16.70 percent in 2022, according to our econometric models.

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United States Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.70 25.20 27.40 4.80 1948 - 2020 percent Monthly
SA

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.10 13.30 14.70 2.50 percent [+]
Non Farm Payrolls 4800.00 2699.00 4800.00 -20787.00 Thousand [+]
Nonfarm Payrolls Private 4767.00 3232.00 4767.00 -19835.00 Thousand [+]
Government Payrolls 33.00 -533.00 427.00 -963.00 Thousand [+]
Manufacturing Payrolls 356.00 250.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 1427.00 1482.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 19290.00 19231.00 24912.00 988.00 Thousand [+]
ADP Employment Change 2369.00 3065.00 3065.00 -19409.00 Thousand [+]
Employed Persons 142182.00 137242.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 17750.00 20985.00 23078.00 1596.00 Thousand [+]
Average Hourly Earnings -1.20 -1.00 4.70 -1.20 percent [+]
Average Weekly Hours 34.50 34.70 34.70 33.70 Hours [+]
Labor Force Participation Rate 61.50 60.80 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.87 0.74 4.40 0.08 percent [+]
Youth Unemployment Rate 20.70 25.20 27.40 4.80 percent [+]
Labour Costs 113.42 112.01 113.42 17.00 points [+]
Productivity 108.03 108.28 108.28 25.99 points [+]
Job Vacancies 5347.00 6060.00 7746.00 2157.00 Thousand [+]
Job Offers 5397.00 4996.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 170219.00 397016.00 671129.00 15100.00 Persons [+]
Wages 24.74 24.97 25.12 2.50 USD/Hour [+]
Wages in Manufacturing 22.54 22.71 22.77 1.27 USD/Hour [+]
Wage Growth -5.66 -8.34 13.78 -8.34 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.70 2.00 0.20 percent [+]
Population 329.13 327.17 329.13 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 54.60 52.80 64.70 51.30 percent [+]
Full Time Employment 118941.00 116523.00 131755.00 64640.00 Thousand [+]
Jobless Claims 4-week Average 1503.75 1621.25 5790.25 179.00 Thousand [+]
Part Time Employment 23179.00 20741.00 28134.00 10086.00 Thousand [+]