Unemployment Rate - 16-17 Yrs.
LNS14000086 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.80
Year-over-Year Change
28.70%
Date Range
1/1/1948 - 7/1/2025
Summary
Tracks unemployment among 16-17 year old workers, providing critical insight into youth labor market participation and economic opportunities.
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 the percentage of 16-17 year olds actively seeking work but currently unemployed. It reflects teen employment dynamics.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used to assess youth economic engagement and potential workforce development strategies.
Key Facts
- Reflects economic opportunities for young workers
- Indicates potential entry-level job market conditions
- Helps track generational employment trends
FAQs
Q: Why is teen unemployment rate important?
A: It indicates economic health and potential future workforce readiness. Helps policymakers understand youth economic participation.
Q: How is teen unemployment calculated?
A: Percentage of 16-17 year olds seeking work but not currently employed, based on monthly surveys.
Q: What factors influence teen unemployment?
A: Economic conditions, minimum wage laws, education levels, and seasonal job availability impact teen employment rates.
Q: How does teen unemployment relate to overall economic health?
A: Serves as an early indicator of labor market conditions and potential future workforce trends.
Q: How often is this data updated?
A: Monthly updates through the Bureau of Labor Statistics Current Population Survey.
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Citation
U.S. Federal Reserve, Unemployment Rate - 16-17 Yrs. (LNS14000086), retrieved from FRED.