Unemployment Rate - Less than 1 year of High School, 20 to 24 years, Women
L1HS2024W • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
-40.12%
Date Range
1/1/2000 - 6/1/2025
Summary
The Unemployment Rate - Less than 1 year of High School, 20 to 24 years, Women trend measures the jobless rate for young women with minimal formal education, providing insight into labor market challenges for this 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 indicator tracks the percentage of women aged 20 to 24 who have less than one year of high school education and are currently unemployed. It offers crucial data on the employment prospects and economic inclusion of a vulnerable population segment.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
Policymakers use this trend to inform workforce development and educational initiatives targeting young women with limited educational attainment.
Key Facts
- Women aged 20-24 with less than 1 year of high school had an unemployment rate of 17.6% in 2022.
- The unemployment rate for this group has been consistently higher than the overall U.S. rate.
- Improving educational and job opportunities for young women is a key policy goal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the unemployment rate for women 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 indicator provides crucial data on the employment challenges faced by a vulnerable demographic, informing policies and initiatives to improve educational and job opportunities for young women with limited formal schooling.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform workforce development and educational programs targeting young women with minimal high school education.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays, though it may be subject to revisions and limitations inherent in household survey data.
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Citation
U.S. Federal Reserve, Unemployment Rate - Less than 1 year of High School, 20 to 24 years, Women (L1HS2024W), retrieved from FRED.