Unemployment Rate - Less than 1 year of High School, 18 to 19 years
L1HS1819 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.30
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment for young adults with less than a high school diploma. Provides critical insight into labor market challenges for minimally educated youth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This metric measures joblessness among 18-19 year olds with minimal educational attainment. It reflects economic opportunities for less-educated young workers.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess workforce development and education intervention needs.
Key Facts
- Indicates economic vulnerability for less-educated youth
- Reflects broader economic and educational challenges
- Critical indicator of workforce preparedness
FAQs
Q: Why is unemployment rate important for young adults?
A: It reveals economic opportunities and challenges for youth entering the workforce. Helps identify skill gaps and economic barriers.
Q: How does low education impact employment?
A: Limited education correlates with higher unemployment and lower wage potential. Creates long-term economic disadvantages.
Q: How often is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Q: What factors influence this unemployment rate?
A: Economic conditions, education quality, job market demand, and skill training opportunities significantly impact rates.
Q: Can this data predict economic trends?
A: Youth unemployment is a leading indicator of broader economic health and future workforce challenges.
Related Trends
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Citation
U.S. Federal Reserve, Unemployment Rate - Less than 1 year of High School, 18 to 19 years (L1HS1819), retrieved from FRED.