Unemployment Rate - 16-19 Yrs., Black or African American
LNS14000018 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.70
Year-over-Year Change
61.94%
Date Range
1/1/1972 - 7/1/2025
Summary
The Unemployment Rate for Black or African American youth aged 16-19 is an important economic indicator that measures the level of joblessness within this demographic. This trend provides insights into labor market challenges facing young Black Americans.
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 Unemployment Rate - 16-19 Yrs., Black or African American is a monthly data series published by the U.S. Bureau of Labor Statistics. It reflects the percentage of the civilian labor force aged 16-19 who identify as Black or African American and are currently unemployed but actively seeking work.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This unemployment rate is closely monitored by policymakers, economists, and civil rights organizations to assess the state of the labor market and identify potential inequities.
Key Facts
- The unemployment rate for Black or African American youth was 23.4% in December 2022.
- This rate is more than double the overall U.S. youth unemployment rate of 10.2%.
- Black youth unemployment has historically been higher than the national average.
FAQs
Q: What does this economic trend measure?
A: The Unemployment Rate - 16-19 Yrs., Black or African American measures the percentage of Black or African American individuals aged 16-19 who are unemployed but actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into labor market challenges facing young Black Americans, which is critical for understanding issues of racial equity and developing effective policies to address employment disparities.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This unemployment rate is closely monitored by policymakers, economists, and civil rights organizations to assess the state of the labor market and identify potential inequities, informing policies and programs aimed at improving employment opportunities for young Black Americans.
Q: Are there update delays or limitations?
A: The Unemployment Rate - 16-19 Yrs., Black or African American is published monthly with a typical release lag of 1-2 weeks.
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Citation
U.S. Bureau of Labor Statistics, Unemployment Rate - 16-19 Yrs., Black or African American (LNS14000018), retrieved from FRED.