Youth Unemployment Rate In the Euro Area decreased to 17.50 percent in May from 18.40 percent in April of 2021. source: EUROSTAT

Youth Unemployment Rate in the Euro Area averaged 19.24 percent from 1993 until 2021, reaching an all time high of 24.90 percent in January of 2013 and a record low of 14.80 percent in March of 2001. This page provides the latest reported value for - Euro Area Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Youth Unemployment Rate - values, historical data and charts - was last updated on July of 2021.

Youth Unemployment Rate in Euro Area is expected to be 17.90 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 Euro Area to stand at 17.50 in 12 months time. In the long-term, the Euro Area Youth Unemployment Rate is projected to trend around 17.50 percent in 2022 and 17.20 percent in 2023, according to our econometric models.

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Euro Area Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
17.50 18.40 24.90 14.80 1993 - 2021 percent Monthly
SA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 8.10 12.10 7.10 percent [+]
Employed Persons 157.62 157.95 161.04 117.36 Million [+]
Unemployed Persons 12792.00 13030.00 19413.00 11464.00 Thousand [+]
Long Term Unemployment Rate 3.20 3.20 6.30 2.50 percent [+]
Youth Unemployment Rate 17.50 18.40 24.90 14.80 percent [+]
Labour Costs 104.70 116.40 116.40 83.40 points [+]
Productivity 104.80 104.30 105.10 81.70 points [+]
Wages 1901.00 1876.00 1901.00 1177.00 EUR/Month [+]
Wage Growth 2.20 3.50 5.00 0.80 percent [+]
Population 342.41 341.52 342.41 260.38 Million [+]
Employment Change -0.30 0.40 1.00 -3.00 percent [+]
Full Time Employment 113810.60 115138.10 118849.00 107485.60 Thousand [+]
Retirement Age Men 64.61 64.52 64.61 62.24 [+]
Retirement Age Women 64.29 64.20 64.29 61.66 [+]
Part Time Employment 30507.40 31184.10 31911.20 19769.20 Thousand [+]
Labor Force Participation Rate 56.90 56.90 57.50 55.00 percent [+]


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