Unemployment Rate - Less than a High School Diploma, 16 to 17 years
LHSD1617 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.90
Year-over-Year Change
22.31%
Date Range
1/1/2000 - 7/1/2025
Summary
Measures unemployment among teenage high school dropouts. Highlights critical challenges in youth labor market participation and educational attainment.
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 joblessness for 16-17 year olds without a high school diploma. It reveals early workforce engagement challenges.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used to assess youth employment barriers and inform educational intervention strategies.
Key Facts
- Indicates early workforce participation challenges
- Reflects educational system's employment preparation
- Critical for understanding youth economic mobility
FAQs
Q: Why is teenage unemployment rate significant?
A: It reveals early labor market barriers and potential long-term economic disadvantages.
Q: How does lack of high school diploma impact employment?
A: Significantly reduces job opportunities and potential lifetime earnings.
Q: What factors contribute to teen unemployment?
A: Educational gaps, limited skills, and economic conditions significantly influence teen job prospects.
Q: How can teens improve employment chances?
A: Complete high school, acquire vocational skills, and seek apprenticeship opportunities.
Q: How frequently is this data updated?
A: Monthly updates provide current insights into teenage labor market conditions.
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Citation
U.S. Federal Reserve, Unemployment Rate - Less than a High School Diploma, 16 to 17 years (LHSD1617), retrieved from FRED.