Unemployment Rate - 16-24 Yrs., Men
LNS14024885 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.60
Year-over-Year Change
11.58%
Date Range
1/1/1948 - 7/1/2025
Summary
The Unemployment Rate for Men aged 16-24 tracks labor market participation for young male workers. This metric provides insights into youth employment trends.
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 series measures the percentage of unemployed men between 16-24 years old actively seeking work. It reflects economic opportunities for young male workers.
Methodology
Data collected monthly through the Bureau of Labor Statistics household survey.
Historical Context
Used to assess youth labor market dynamics and economic entry barriers.
Key Facts
- Tracks unemployment for young men
- Reflects economic entry opportunities
- Updated monthly by BLS
FAQs
Q: What does the LNS14024885 series measure?
A: It tracks the unemployment rate for men aged 16-24 who are actively seeking work. Indicates youth labor market conditions.
Q: Why is youth unemployment important?
A: It reflects economic opportunities, education effectiveness, and potential long-term workforce development challenges.
Q: How is this unemployment rate calculated?
A: Calculated by dividing unemployed young men seeking work by total young male labor force.
Q: How often is this data updated?
A: The Bureau of Labor Statistics updates this data monthly, providing current youth employment insights.
Q: What factors influence youth unemployment?
A: Education, economic conditions, industry demand, and skill mismatches impact youth employment rates.
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Citation
U.S. Bureau of Labor Statistics, Unemployment Rate - 16-24 Yrs., Men (LNS14024885), retrieved from FRED.