Unemployment Level - Less than a High School Diploma, 20 to 24 years
LHSDU2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.00
Year-over-Year Change
-33.64%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among young adults with less than a high school diploma. Provides critical insight into educational attainment's impact on labor market participation.
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 jobless individuals aged 20-24 without a high school diploma. It reflects educational barriers in employment opportunities.
Methodology
Bureau of Labor Statistics surveys households monthly to collect employment data.
Historical Context
Used to inform workforce development and education policy strategies.
Key Facts
- High unemployment rate for low-education young adults
- Indicates significant workforce entry challenges
- Critical economic mobility indicator
FAQs
Q: Why are unemployment rates higher for those without a high school diploma?
A: Lower educational attainment limits job market opportunities. Fewer skills reduce employability in competitive labor markets.
Q: How does this unemployment level impact economic mobility?
A: Limited education correlates with reduced income potential and economic advancement opportunities.
Q: How often is this data updated?
A: Monthly updates provide current labor market snapshots from the Bureau of Labor Statistics.
Q: What policies might address this unemployment challenge?
A: Workforce training, educational support, and vocational programs can help reduce unemployment for this demographic.
Q: How does this trend compare to other educational groups?
A: Typically shows higher unemployment rates compared to more educated demographic groups.
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Citation
U.S. Federal Reserve, Unemployment Level - Less than a High School Diploma, 20 to 24 years (LHSDU2024), retrieved from FRED.