Unemployment Rate - Enrolled in College Part Time 16-24 Yrs.
LNU04023008 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.50
Year-over-Year Change
-31.25%
Date Range
1/1/1985 - 7/1/2025
Summary
Tracks unemployment rates for part-time college students aged 16-24. Provides critical insights into youth labor market participation and educational engagement.
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
Measures joblessness among young part-time college students, reflecting economic challenges and opportunities for student workers.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by educators, policymakers, and workforce development professionals.
Key Facts
- Represents unemployment for young part-time college students
- Reflects economic challenges for student workforce
- Important indicator of youth economic participation
FAQs
Q: What does this unemployment rate measure?
A: Tracks joblessness among part-time college students aged 16-24. Indicates labor market challenges for student workers.
Q: How frequently is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Q: Why is this rate significant?
A: Provides insights into economic opportunities and challenges for young, part-time student workers.
Q: How does part-time student unemployment differ from full-time students?
A: Often higher due to more active labor market participation and economic necessity.
Q: What factors influence this unemployment rate?
A: Economic conditions, job market, educational demands, and student work opportunities impact the rate.
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Citation
U.S. Federal Reserve, Unemployment Rate - Enrolled in College Part Time 16-24 Yrs. (LNU04023008), retrieved from FRED.