Unemployment Level - 18 to 19 years
TOTLU1819 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
726.00
Year-over-Year Change
15.97%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks unemployment among 18 to 19-year-old workers, providing critical insight into youth labor market dynamics 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 indicator measures the number of unemployed individuals aged 18-19 seeking work, reflecting economic conditions and youth employment challenges.
Methodology
Data collected through monthly household surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess youth employment strategies and economic interventions.
Key Facts
- Reflects economic opportunities for young workers
- Indicates potential skills gaps in youth labor market
- Helps track economic recovery and job market trends
FAQs
Q: Why is youth unemployment important?
A: It indicates economic health and future workforce potential. Early employment impacts long-term career trajectories.
Q: How does teen unemployment relate to overall economic conditions?
A: Youth unemployment often serves as an early indicator of broader economic challenges and labor market trends.
Q: What factors influence teen unemployment rates?
A: Economic cycles, minimum wage laws, education levels, and seasonal job markets significantly impact teen employment.
Q: How can teens improve their employment prospects?
A: Developing skills, gaining internships, and pursuing vocational training can enhance job market competitiveness.
Q: How often is this data updated?
A: Monthly updates provide current snapshot of youth employment trends and labor market conditions.
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Citation
U.S. Federal Reserve, Unemployment Level - 18 to 19 years (TOTLU1819), retrieved from FRED.