Infra-Annual Labor Statistics: Unemployment Male: From 15 to 24 Years for Australia
Quarterly, Not Seasonally Adjusted
LFUN24MAAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126,368.00
Year-over-Year Change
23.89%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic trend measures the total number of U.S. residents aged 24 and under who are neither employed nor in school, providing insights into youth disengagement from work and education.
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
The 'Quarterly, Not Seasonally Adjusted' youth disengagement rate tracks the share of the U.S. population aged 24 and under who are neither working nor enrolled in school, offering a gauge of labor force participation and educational attainment among young adults.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey.
Historical Context
This metric is used by policymakers and economists to assess the educational and employment trends affecting young Americans.
Key Facts
- The Q4 2022 youth disengagement rate was 15.1%.
- The rate has declined from a high of 18.4% in Q2 2020.
- Youth disengagement tends to be higher among disadvantaged populations.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the share of the U.S. population aged 24 and under who are neither employed nor enrolled in school, providing insights into youth disengagement from work and education.
Q: Why is this trend relevant for users or analysts?
A: The youth disengagement rate offers an important gauge of labor force participation and educational attainment among young adults, which are critical factors for economic growth and social mobility.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the educational and employment trends affecting young Americans, informing workforce development and social support initiatives.
Q: Are there update delays or limitations?
A: The data is released quarterly with a slight delay, and may not capture all individuals not working or in school due to survey methodology limitations.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUN24MAAUQ647N), retrieved from FRED.