Unemployment Rate - Less than 1 year of High School, 20 to 24 years, Men
L1HS2024M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.20
Year-over-Year Change
-68.29%
Date Range
1/1/2000 - 7/1/2025
Summary
The Unemployment Rate - Less than 1 year of High School, 20 to 24 years, Men measures the unemployment rate for young men with limited educational attainment. This metric provides insight into labor market challenges faced by an economically vulnerable demographic.
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 economic indicator tracks the percentage of unemployed men aged 20 to 24 who have less than one year of high school education. It offers a window into employment trends and economic opportunities for less-educated young adults, a key consideration for policymakers and labor economists.
Methodology
The data is collected through the U.S. Current Population Survey.
Historical Context
This unemployment rate is used to assess the labor market health and economic inclusion for a disadvantaged population segment.
Key Facts
- The unemployment rate for this group has historically been higher than the national average.
- Limited educational attainment is a key barrier to employment for young adults.
- This metric provides insight into economic disparities by education level.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the unemployment rate specifically for young men aged 20 to 24 who have less than one year of high school education.
Q: Why is this trend relevant for users or analysts?
A: This metric offers important insights into labor market challenges and economic inclusion for a vulnerable demographic, informing policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey.
Q: How is this trend used in economic policy?
A: This unemployment rate is used by policymakers and economists to assess labor market health and design programs to support economic opportunities for less-educated young adults.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Unemployment Rate - Less than 1 year of High School, 20 to 24 years, Men (L1HS2024M), retrieved from FRED.